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Stock Trend Analysis Report
Prepared for you on Wednesday, April 24, 2024.
Direxion Emerging Markets Bear 3X Shares (PACF:EDZ)
Sidelines Mode (-55) - EDZ 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 EDZ?
MarketClub looks at technical strength and momentum to determine if the timing is right for EDZ.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for EDZ
The long-term trend has been DOWN since Dec 14th, 2023 at 11.8377
The intermediate-term trend has been UP since Apr 12th, 2024 at 10.8750
The short-term trend has been DOWN since Apr 22nd, 2024 at 11.2451
Smart Scan Analysis for EDZ
Based on our trend formula, EDZ is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 11.1800 | 11.2100 | 10.9137 | 10.9300 | -0.2800 |
| Prev. Close | Volume | Bid | Ask | Time |
| 10.9300 | 129100 | 2024-04-23 15:59:50 |
| Year High | 73.3037 | Year High Date | 2018-10-29 |
| Year Low | 33.35 | Year Low Date | 2018-01-26 |
| 52wk High | 15.64 | 52wk High Date | 2023-10-23 |
| 52wk Low | 9.89 | 52wk Low Date | 2024-04-09 |
| Year End Close | 9.02 | Average Volume | 113,532 |
| Shares Outstanding | 3,045 | Assets | 958M |
| Beta | -3.52000000 | Volatility | 82.38 |