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Stock Trend Analysis Report

Prepared for you on Sunday, November 28, 2021.

Direxion Daily S&P 500 Bear 1X Shares (PACF:SPDN)

Sidelines Mode (-55) - SPDN is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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

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

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

PACF_SPDN
Open High Low SPDN Price Change
14.54 14.66 14.48 14.62 +0.31
Entry Signal

MarketClub’s Trade Triangles for SPDN

long term down The long-term trend has been DOWN since Jun 2nd, 2020 at 23.2626

intermediate term down The intermediate-term trend has been DOWN since Oct 15th, 2021 at 15.1400

short term up The short-term trend has been UP since Nov 23rd, 2021 at 14.4090

Smart Scan Analysis for SPDN

Based on our trend formula, SPDN is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for SPDN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
14.54 14.66 14.48 14.62 +0.31
Prev. Close Volume Bid Ask Time
14.64 769757 2021-11-26 12:59:48
Year High32.23Year High Date2018-02-09
Year Low27.5Year Low Date2018-10-03
52wk High19.1552wk High Date2020-11-25
52wk Low14.1952wk Low Date2021-11-22
Average Volume271,388Shares Outstanding8,550
Volatility20.58
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