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Stock Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

ProShares UltraPro Short Russell2000 (PACF:SRTY)

Countertrend Down (-85) - SRTY is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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

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

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

PACF_SRTY
Open High Low SRTY Price Change
28.230 28.320 27.770 27.795 +0.425
Entry Signal

MarketClub’s Trade Triangles for SRTY

long term down The long-term trend has been DOWN since Dec 13th, 2023 at 37.75

intermediate term down The intermediate-term trend has been DOWN since May 6th, 2024 at 27.61

short term up The short-term trend has been UP since May 1st, 2024 at 31.38

Smart Scan Analysis for SRTY

Based on our trend formula, SRTY is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for SRTY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
28.230 28.320 27.770 27.795 +0.425
Prev. Close Volume Bid Ask Time
27.830 1022746 2024-05-08 15:59:34
Year High38.75Year High Date2018-02-09
Year Low20.36Year Low Date2018-08-31
52wk High61.5352wk High Date2023-10-27
52wk Low24.8152wk Low Date2024-03-28
Year End Close33.74Average Volume2,101,179
Shares Outstanding3,658Assets546M
Volatility71.09
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