PALD:NASDAQDirexion Daily PANW Bear 1X ETF analysis

At $11.49, Direxion Daily PANW Bear 1X Shares shows a bearish moving-average alignment, with shorter averages beneath longer ones. Over a rolling month the price has lost 5.1%. With RSI at 54.2 the momentum picture is neutral, alongside a bullish MACD signal. Recent trading has carved out support near $9.90 and resistance around $11.88.
The 1.02% expense ratio is expensive for its category, and the fund manages $2.8M in assets.
Risk scores 8 out of 10, which is high for this asset class. With 30-day volatility of 64.1%, a beta of -1.31 and a maximum drawdown of 67.5%, position sizing matters more than entry timing here. Thin trading volumes mean execution costs can be material on larger orders. The wider market backdrop reads extreme greed at 93 on the fear-greed composite.
Timeframes disagree: the short-term read is sell while the long-term read is hold, conviction 3 out of 10.