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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.

PACF_LABD
Open High Low LABD Price Change
52.2900 55.4600 46.5100 46.5605 -5.8895
Entry Signal

MarketClub’s Trade Triangles for LABD

long term up The long-term trend has been UP since Nov 30th, 2021 at 27.07

intermediate term up The intermediate-term trend has been UP since Jan 6th, 2022 at 30.89

short term up 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).

+90
Smart Scan Analysis for LABD
Strong Downtrend Sideways 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 High47Year High Date2018-01-02
Year Low21.3501Year Low Date2018-08-30
52wk High53.0452wk High Date2022-01-24
52wk Low12.300152wk Low Date2021-02-09
Average Volume4,238,291Shares Outstanding1,166
Volatility136.99
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