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Stock Trend Analysis Report

Prepared for you on Thursday, May 2, 2024.

ProShares UltraShort Technology (PACF:REW)

Long-Term Uptrend (+90) - REW is in a strong uptrend that is likely to continue. While REW is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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

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

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

PACF_REW
Open High Low REW Price Change
15.3000 15.7295 15.2500 15.3406 -0.3305
Entry Signal

MarketClub’s Trade Triangles for REW

long term up The long-term trend has been UP since Apr 10th, 2024 at 8.88

intermediate term up The intermediate-term trend has been UP since Apr 10th, 2024 at 7.13

short term up The short-term trend has been UP since May 1st, 2024 at 15.41

Smart Scan Analysis for REW

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

+90
Smart Scan Analysis for REW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
15.3000 15.7295 15.2500 15.3406 -0.3305
Prev. Close Volume Bid Ask Time
15.6711 8457 2024-05-02 15:55:42
Year High17.75Year High Date2018-02-09
Year Low10.5467Year Low Date2018-08-30
52wk High28.69852wk High Date2023-05-04
52wk Low13.152wk Low Date2024-03-21
Year End Close37Average Volume18,786
Shares Outstanding216Assets93M
Beta-2.06000000Volatility69.17
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