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Stock Trend Analysis Report

Prepared for you on Thursday, May 2, 2024.

ProShares UltraShort Financials (PACF:SKF)

Crossroads (+60) - SKF is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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

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

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

PACF_SKF
Open High Low SKF Price Change
12.8700 13.0600 12.9150 12.9150 -0.0552
Entry Signal

MarketClub’s Trade Triangles for SKF

long term down The long-term trend has been DOWN since Nov 29th, 2023 at 16.7355

intermediate term up The intermediate-term trend has been UP since Apr 11th, 2024 at 12.7854

short term up The short-term trend has been UP since Apr 30th, 2024 at 12.8400

Smart Scan Analysis for SKF

Based on our trend formula, SKF is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for SKF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
12.8700 13.0600 12.9150 12.9150 -0.0552
Prev. Close Volume Bid Ask Time
12.9702 24267 2024-05-02 14:40:40
Year High23.08Year High Date2018-02-09
Year Low17.93Year Low Date2018-09-21
52wk High21.5152wk High Date2023-05-04
52wk Low11.7752wk Low Date2024-04-01
Year End Close33.54Average Volume48,019
Shares Outstanding1,148Assets1,488M
Beta-2.31000000Volatility37.55
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