Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Tuesday, May 28, 2024.

Direxion Emerging Markets Bear 3X Shares (PACF:EDZ)

Bear Market Rally (-75) - EDZ is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on EDZ as it may be in the beginning of a reversal.

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.

PACF_EDZ
Open High Low EDZ Price Change
9.260 9.260 9.151 9.210 -0.070
Entry Signal

MarketClub’s Trade Triangles for EDZ

long term down The long-term trend has been DOWN since Dec 14th, 2023 at 11.8377

intermediate term down The intermediate-term trend has been DOWN since May 2nd, 2024 at 9.8900

short term up The short-term trend has been UP since May 21st, 2024 at 8.8871

Smart Scan Analysis for EDZ

Based on our trend formula, EDZ is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for EDZ
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9.260 9.260 9.151 9.210 -0.070
Prev. Close Volume Bid Ask Time
9.200 67101 2024-05-24 15:58:16
Year High73.3037Year High Date2018-10-29
Year Low33.35Year Low Date2018-01-26
52wk High15.6452wk High Date2023-10-23
52wk Low8.6652wk Low Date2024-05-17
Year End Close9.02Average Volume57,615
Shares Outstanding3,045Assets958M
Beta-3.52000000Volatility82.38
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