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Stock Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

ProShares UltraPro Short S&P500 (PACF:SPXU)

Weak Downtrend (-65) - SPXU is showing signs of a strengthening downtrend. Monitor SPXU as it may be building momentum to the downside.

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

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

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

PACF_SPXU
Open High Low SPXU Price Change
34.1100 34.1600 33.6602 33.7500 +0.0200
Entry Signal

MarketClub’s Trade Triangles for SPXU

long term up The long-term trend has been UP since Apr 10th, 2024 at 9.1385

intermediate term down The intermediate-term trend has been DOWN since May 6th, 2024 at 33.9400

short term down The short-term trend has been DOWN since May 3rd, 2024 at 35.2700

Smart Scan Analysis for SPXU

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

-70
Smart Scan Analysis for SPXU
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
34.1100 34.1600 33.6602 33.7500 +0.0200
Prev. Close Volume Bid Ask Time
33.7500 5303367 2024-05-08 15:59:41
Year High52.28Year High Date2018-02-09
Year Low31.39Year Low Date2018-10-03
52wk High68.399552wk High Date2023-10-27
52wk Low3252wk Low Date2024-03-21
Year End Close37.75Average Volume8,334,708
Shares Outstanding19,379Assets5,008M
Beta-2.69000000Volatility62.16
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