Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Wednesday, April 24, 2024.
Direxion Daily S&P Biotech Bull 3X Shares (PACF:LABU)
Countertrend Down (-85) - LABU is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
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.
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MarketClub’s Trade Triangles for LABU
The long-term trend has been DOWN since Apr 5th, 2024 at 106.67
The intermediate-term trend has been DOWN since Mar 18th, 2024 at 125.65
The short-term trend has been UP since Apr 23rd, 2024 at 92.90
Smart Scan Analysis for LABU
Based on our trend formula, LABU is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 90.76 | 96.93 | 90.36 | 91.86 | +3.03 |
| Prev. Close | Volume | Bid | Ask | Time |
| 91.98 | 2706266 | 2024-04-23 16:00:02 |
| Year High | 116.54 | Year High Date | 2018-01-29 |
| Year Low | 38.9 | Year Low Date | 2018-11-14 |
| 52wk High | 176.9899 | 52wk High Date | 2024-02-28 |
| 52wk Low | 48.402 | 52wk Low Date | 2023-10-31 |
| Average Volume | 2,541,121 | Shares Outstanding | 2,168 |
| Volatility | 140.03 |