Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

ProShares UltraShort Euro (PACF:EUO)

Bull Market Weakness (+75) - EUO is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on EUO as it may be in the beginning stages of a reversal.

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

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

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

PACF_EUO
Open High Low EUO Price Change
31.330 31.290 31.165 31.170 -0.190
Entry Signal

MarketClub’s Trade Triangles for EUO

long term up The long-term trend has been UP since Apr 1st, 2024 at 31.2200

intermediate term up The intermediate-term trend has been UP since Mar 22nd, 2024 at 30.7501

short term up The short-term trend has been UP since May 8th, 2024 at 31.3490

Smart Scan Analysis for EUO

Based on our trend formula, EUO is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for EUO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
31.330 31.290 31.165 31.170 -0.190
Prev. Close Volume Bid Ask Time
31.360 38718 2024-05-09 15:22:03
Year High25.02Year High Date2018-11-12
Year Low19.46Year Low Date2018-01-25
52wk High32.1652wk High Date2023-10-03
52wk Low27.4452wk Low Date2023-07-17
Year End Close19.01Average Volume30,835
Shares Outstanding2,000Assets4,793M
Beta-1.18000000Volatility14.14
Get a free daily analysis and signals for ProShares UltraShort Euro (EUO) - Request Your Free Report.