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Stock Trend Analysis Report

Prepared for you on Wednesday, June 19, 2024.

Direxion Daily S&P Biotech Bull 3X Shares (PACF:LABU)

Bear Market Rally (-75) - LABU is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on LABU as it may be in the beginning of a reversal.

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

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

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

PACF_LABU
Open High Low LABU Price Change
107.0500 107.0500 101.9500 103.4199 -3.3301
Entry Signal

MarketClub’s Trade Triangles for LABU

long term down The long-term trend has been DOWN since Apr 5th, 2024 at 106.67

intermediate term up The intermediate-term trend has been UP since Jun 6th, 2024 at 122.00

short term down The short-term trend has been DOWN since Jun 17th, 2024 at 109.09

Smart Scan Analysis for LABU

Based on our trend formula, LABU is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for LABU
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
107.0500 107.0500 101.9500 103.4199 -3.3301
Prev. Close Volume Bid Ask Time
103.2300 1784895 2024-06-18 15:59:12
Year High116.54Year High Date2018-01-29
Year Low38.9Year Low Date2018-11-14
52wk High176.989952wk High Date2024-02-28
52wk Low48.40252wk Low Date2023-10-31
Average Volume1,724,738Shares Outstanding1,245
Volatility140.03
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