Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Saturday, January 29, 2022.
Direxion Daily S&P Biotech Bear 3X Shares (PACF:LABD)
Long-Term Uptrend (+90) - LABD is in a strong uptrend that is likely to continue. While LABD 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 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.
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MarketClub’s Trade Triangles for LABD
The long-term trend has been UP since Nov 30th, 2021 at 27.07
The intermediate-term trend has been UP since Jan 6th, 2022 at 30.89
The short-term trend has been UP since Jan 28th, 2022 at 53.04
Smart Scan Analysis for LABD
Based on our trend formula, LABD is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 52.2900 | 55.4600 | 46.5100 | 46.5605 | -5.8895 |
| Prev. Close | Volume | Bid | Ask | Time |
| 46.7000 | 4617501 | 2022-01-28 15:59:51 |
| Year High | 47 | Year High Date | 2018-01-02 |
| Year Low | 21.3501 | Year Low Date | 2018-08-30 |
| 52wk High | 53.04 | 52wk High Date | 2022-01-24 |
| 52wk Low | 12.3001 | 52wk Low Date | 2021-02-09 |
| Average Volume | 4,238,291 | Shares Outstanding | 1,166 |
| Volatility | 136.99 |