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Stock Trend Analysis Report

Prepared for you on Saturday, May 18, 2024.

Direxion Daily S&P Biotech Bear 3X Shares (PACF:LABD)

Crossroads (-60) - LABD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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

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

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

PACF_LABD
Open High Low LABD Price Change
7.56 8.03 7.49 7.97 +0.37
Entry Signal

MarketClub’s Trade Triangles for LABD

long term up The long-term trend has been UP since Apr 19th, 2024 at 10.670

intermediate term down The intermediate-term trend has been DOWN since May 3rd, 2024 at 8.013

short term down The short-term trend has been DOWN since May 13th, 2024 at 8.160

Smart Scan Analysis for LABD

Based on our trend formula, LABD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for LABD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.56 8.03 7.49 7.97 +0.37
Prev. Close Volume Bid Ask Time
7.95 9359196 2024-05-17 15:59:08
Year High47Year High Date2018-01-02
Year Low21.3501Year Low Date2018-08-30
52wk High29.9252wk High Date2023-10-31
52wk Low5.7252wk Low Date2024-03-04
Average Volume14,038,745Shares Outstanding21,139
Volatility136.99
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