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Stock Trend Analysis Report
Prepared for you on Friday, May 3, 2024.
ProShares Ultra Bloomberg Crude Oil (PACF:UCO)
Weak Downtrend (-65) - UCO is showing signs of a strengthening downtrend. Monitor UCO as it may be building momentum to the downside.
Is it time to buy, sell, or avoid UCO?
MarketClub looks at technical strength and momentum to determine if the timing is right for UCO.
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 UCO
The long-term trend has been UP since Mar 1st, 2024 at 30.3200
The intermediate-term trend has been DOWN since Apr 22nd, 2024 at 32.9296
The short-term trend has been DOWN since Apr 30th, 2024 at 33.0200
Smart Scan Analysis for UCO
Based on our trend formula, UCO is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
-70
Strong Downtrend
Sideways
Strong Uptrend
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 31.340 | 31.480 | 30.920 | 31.015 | -0.245 |
| Prev. Close | Volume | Bid | Ask | Time |
| 31.260 | 1583805 | 2024-05-03 15:59:50 |
| Year High | 39.36 | Year High Date | 2018-10-03 |
| Year Low | 16.39 | Year Low Date | 2018-11-28 |
| 52wk High | 37.11 | 52wk High Date | 2023-09-27 |
| 52wk Low | 21.2 | 52wk Low Date | 2023-06-12 |
| Year End Close | 29.32 | Average Volume | 1,561,943 |
| Shares Outstanding | 35,243 | Assets | 3,748M |
| Beta | 2.62 | Volatility | 78.59 |
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