Stock Trend Analysis Report
Prepared for you on Wednesday, May 12, 2021.
Direxion Daily S&P Biotech Bear 3X Shares (PACF:LABD)
Strong Uptrend (+100) - LABD is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, LABD continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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.
MarketClub’s Trade Triangles for LABD
The long-term trend has been UP since May 11th, 2021 at 28.58
The intermediate-term trend has been UP since May 6th, 2021 at 26.68
The short-term trend has been UP since Apr 30th, 2021 at 20.39
Smart Scan Analysis for LABD
Based on our trend formula, LABD is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||47||Year High Date||2018-01-02|
|Year Low||21.3501||Year Low Date||2018-08-30|
|52wk High||116.3||52wk High Date||2020-05-14|
|52wk Low||12.3001||52wk Low Date||2021-02-09|
|Average Volume||3,946,725||Shares Outstanding||1,866|