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Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
ProShares UltraShort Russell2000 (PACF:TWM)
Countertrend Down (-85) - TWM 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 TWM?
MarketClub looks at technical strength and momentum to determine if the timing is right for TWM.
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 TWM
The long-term trend has been DOWN since Dec 13th, 2023 at 13.4000
The intermediate-term trend has been DOWN since May 6th, 2024 at 11.1500
The short-term trend has been UP since May 1st, 2024 at 12.1274
Smart Scan Analysis for TWM
Based on our trend formula, TWM is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 11.1800 | 11.2500 | 11.0547 | 11.0750 | -0.1250 |
| Prev. Close | Volume | Bid | Ask | Time |
| 11.2000 | 802102 | 2024-05-09 13:05:50 |
| Year High | 19.78 | Year High Date | 2018-02-09 |
| Year Low | 13 | Year Low Date | 2018-08-31 |
| 52wk High | 18.645 | 52wk High Date | 2023-10-27 |
| 52wk Low | 10.34 | 52wk Low Date | 2024-03-28 |
| Year End Close | 25.35 | Average Volume | 4,306,350 |
| Shares Outstanding | 6,514 | Assets | 2,640M |
| Beta | -2.34000000 | Volatility | 47.84 |