Stock Trend Analysis Report
Prepared for you on Wednesday, July 17, 2019.
Direxion Energy Bull 3X Shares (PACF:ERX)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for ERX
The long term trend has been DOWN since May 23rd, 2019 at 18.6043
The intermediate term trend has been UP since Jun 18th, 2019 at 18.2500
The short term trend has been DOWN since Jul 16th, 2019 at 19.9100
Smart Scan Analysis for ERX
Based on a pre-defined weighted trend formula for chart analysis, ERX scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||44.29||Year High Date||2018-01-24|
|Year Low||20.8801||Year Low Date||2018-11-23|
|52wk High||41.19||52wk High Date||2018-10-09|
|52wk Low||12.43||52wk Low Date||2018-12-26|
|Year End Close||48.48||Average Volume||1,756,849|