Stock Trend Analysis Report
Prepared for you on Saturday, June 19, 2021.
Direxion Daily S&P 500 Bull 3X Shares (PACF:SPXL)
Weak Downtrend (-65) - SPXL is showing signs of a strengthening downtrend. Monitor SPXL as it may be building momentum to the downside.
Is it time to buy, sell, or avoid SPXL?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPXL.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPXL
The long-term trend has been UP since Jul 20th, 2020 at 48.480
The intermediate-term trend has been DOWN since Jun 18th, 2021 at 97.315
The short-term trend has been DOWN since Jun 16th, 2021 at 101.940
Smart Scan Analysis for SPXL
Based on our trend formula, SPXL is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||55.95||Year High Date||2018-09-21|
|Year Low||36.82||Year Low Date||2018-02-09|
|52wk High||103.84||52wk High Date||2021-06-15|
|52wk Low||38.06||52wk Low Date||2020-06-29|
|Year End Close||87.65||Average Volume||4,881,417|