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Stock Trend Analysis Report

Prepared for you on Sunday, December 10, 2023.

Direxion Daily Energy Bear 2X Shares (PACF:ERY)

Long-Term Uptrend (+90) - ERY is in a strong uptrend that is likely to continue. While ERY is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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

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

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

PACF_ERY
Open High Low ERY Price Change
29.99 30.08 29.54 29.71 -0.64
Entry Signal

MarketClub’s Trade Triangles for ERY

long term up The long-term trend has been UP since Nov 7th, 2023 at 28.235

intermediate term up The intermediate-term trend has been UP since Oct 2nd, 2023 at 25.280

short term up The short-term trend has been UP since Dec 5th, 2023 at 28.710

Smart Scan Analysis for ERY

Based on our trend formula, ERY is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for ERY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
29.99 30.08 29.54 29.71 -0.64
Prev. Close Volume Bid Ask Time
29.72 349225 2023-12-08 15:55:47
Year High60.45Year High Date2018-02-09
Year Low29.0799Year Low Date2018-10-09
52wk High38.2852wk High Date2023-03-16
52wk Low23.1952wk Low Date2023-09-19
Year End Close7.82Average Volume386,637
Shares Outstanding915Assets824M
Beta-3.62000000Volatility81.5
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