Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Wednesday, June 7, 2023.

Direxion Daily Real Estate Bear 3X Shares (PACF:DRV)

Sidelines Mode (+55) - DRV 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 DRV?

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

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

PACF_DRV
Open High Low DRV Price Change
51.0000 51.7500 50.0100 50.2339 -0.1961
Entry Signal

MarketClub’s Trade Triangles for DRV

long term up The long-term trend has been UP since Mar 22nd, 2023 at 57.930

intermediate term up The intermediate-term trend has been UP since May 16th, 2023 at 52.700

short term down The short-term trend has been DOWN since May 30th, 2023 at 54.504

Smart Scan Analysis for DRV

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

+55
Smart Scan Analysis for DRV
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
51.0000 51.7500 50.0100 50.2339 -0.1961
Prev. Close Volume Bid Ask Time
50.3000 161627 2023-06-06 15:59:37
Year High15.6192Year High Date2018-02-09
Year Low8.5037Year Low Date2018-08-20
52wk High84.9452wk High Date2022-10-13
52wk Low34.8852wk Low Date2022-08-15
Year End Close20.7036Average Volume243,084
Shares Outstanding3,484Assets181M
Beta-2.40000000Volatility40.9
Get a free daily analysis and signals for Direxion Daily Real Estate Bear 3X Shares (DRV) - Request Your Free Report.