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Stock Trend Analysis Report
Prepared for you on Saturday, May 4, 2024.
ProShares Short Russell2000 (PACF:RWM)
Bear Market Rally (-75) - RWM is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on RWM as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid RWM?
MarketClub looks at technical strength and momentum to determine if the timing is right for RWM.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for RWM
The long-term trend has been DOWN since Dec 13th, 2023 at 22.53
The intermediate-term trend has been UP since Apr 15th, 2024 at 21.40
The short-term trend has been DOWN since May 3rd, 2024 at 21.17
Smart Scan Analysis for RWM
Based on our trend formula, RWM is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 20.8600 | 21.0999 | 20.7800 | 21.0250 | -0.1850 |
| Prev. Close | Volume | Bid | Ask | Time |
| 21.0200 | 2779908 | 2024-05-03 15:59:50 |
| Year High | 45.09 | Year High Date | 2018-02-09 |
| Year Low | 36.82 | Year Low Date | 2018-08-31 |
| 52wk High | 26.5499 | 52wk High Date | 2023-10-27 |
| 52wk Low | 19.93 | 52wk Low Date | 2024-03-28 |
| Year End Close | 24.32 | Average Volume | 2,446,862 |
| Shares Outstanding | 15,367 | Assets | 3,864M |
| Beta | -1.22000000 | Volatility | 23.86 |