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Stock Trend Analysis Report

Prepared for you on Sunday, May 16, 2021.

Direxion Energy Bull 2X Shares (PACF:ERX)

Countertrend Up (+85) - ERX is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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

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

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

PACF_ERX
Open High Low ERX Price Change
26.73 27.97 26.73 27.79 +1.66
Entry Signal

MarketClub’s Trade Triangles for ERX

long term up The long-term trend has been UP since Nov 24th, 2020 at 16.16

intermediate term up The intermediate-term trend has been UP since Apr 29th, 2021 at 24.78

short term down The short-term trend has been DOWN since May 13th, 2021 at 26.08

Smart Scan Analysis for ERX

Based on our trend formula, ERX is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for ERX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
26.73 27.97 26.73 27.79 +1.66
Prev. Close Volume Bid Ask Time
27.79 3927703 2021-05-14 15:59:51
Year High44.29Year High Date2018-01-24
Year Low20.8801Year Low Date2018-11-23
52wk High29.5552wk High Date2021-05-10
52wk Low7.4852wk Low Date2020-10-29
Year End Close48.48Average Volume4,564,210
Shares Outstanding25,264Assets2,144M
Beta4.07Volatility84.27
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