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Stock Trend Analysis Report

Prepared for you on Saturday, May 18, 2024.

Direxion Daily South Korea Bull 3X Shares (PACF:KORU)

Countertrend Up (+85) - KORU 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 KORU?

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

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

PACF_KORU
Open High Low KORU Price Change
8.350 8.495 8.270 8.415 -0.355
Entry Signal

MarketClub’s Trade Triangles for KORU

long term up The long-term trend has been UP since Dec 20th, 2023 at 8.8899

intermediate term up The intermediate-term trend has been UP since May 6th, 2024 at 8.4100

short term down The short-term trend has been DOWN since May 17th, 2024 at 8.2900

Smart Scan Analysis for KORU

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

+85
Smart Scan Analysis for KORU
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.350 8.495 8.270 8.415 -0.355
Prev. Close Volume Bid Ask Time
8.400 260939 2024-05-17 15:56:32
Year High72.86Year High Date2018-01-16
Year Low22.03Year Low Date2018-10-29
52wk High11.3152wk High Date2023-06-13
52wk Low5.3752wk Low Date2023-10-27
Average Volume295,245Shares Outstanding1,650
Volatility86.51
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