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Stock Trend Analysis Report

Prepared for you on Monday, March 18, 2024.

Direxion Daily Real Estate Bull 3x Shares (PACF:DRN)

Sidelines Mode (+55) - DRN is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid DRN?

MarketClub looks at technical strength and momentum to determine if the timing is right for DRN.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

PACF_DRN
Open High Low DRN Price Change
9.51 9.60 9.39 9.42 -0.02
Entry Signal

MarketClub’s Trade Triangles for DRN

long term up The long-term trend has been UP since Dec 1st, 2023 at 8.980

intermediate term up The intermediate-term trend has been UP since Feb 28th, 2024 at 9.449

short term down The short-term trend has been DOWN since Mar 13th, 2024 at 9.810

Smart Scan Analysis for DRN

Based on our trend formula, DRN is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for DRN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9.51 9.60 9.39 9.42 -0.02
Prev. Close Volume Bid Ask Time
9.44 686149 2024-03-18 15:59:44
Year High24.41Year High Date2018-08-20
Year Low14.6819Year Low Date2018-02-12
52wk High1152wk High Date2023-12-28
52wk Low5.53552wk Low Date2023-10-30
Year End Close77.5Average Volume728,768
Shares Outstanding899Assets949M
Beta3.1Volatility41.78
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