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Stock Trend Analysis Report

Prepared for you on Thursday, June 13, 2024.

Direxion Technology Bear 3X Shares (PACF:TECS)

Long-Term Downtrend (-90) - TECS is in a strong downtrend that is likely to continue. While TECS is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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

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

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

PACF_TECS
Open High Low TECS Price Change
6.290 6.330 5.860 6.045 -0.435
Entry Signal

MarketClub’s Trade Triangles for TECS

long term down The long-term trend has been DOWN since Nov 10th, 2023 at 12.625

intermediate term down The intermediate-term trend has been DOWN since May 10th, 2024 at 7.850

short term down The short-term trend has been DOWN since Jun 5th, 2024 at 7.270

Smart Scan Analysis for TECS

Based on our trend formula, TECS is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for TECS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.290 6.330 5.860 6.045 -0.435
Prev. Close Volume Bid Ask Time
6.070 11949169 2024-06-12 15:59:02
Year High38.35Year High Date2018-02-09
Year Low17.59Year Low Date2018-10-03
52wk High17.552wk High Date2023-10-26
52wk Low5.8652wk Low Date2024-06-12
Year End Close9.36Average Volume8,814,666
Shares Outstanding8,761Assets229M
Beta-2.93000000Volatility96.84
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