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Stock Trend Analysis Report
Prepared for you on Thursday, May 2, 2024.
ProShares Ultra Euro (PACF:ULE)
Long-Term Downtrend (-90) - ULE is in a strong downtrend that is likely to continue. While ULE is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid ULE?
MarketClub looks at technical strength and momentum to determine if the timing is right for ULE.
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 ULE
The long-term trend has been DOWN since Apr 12th, 2024 at 11.160
The intermediate-term trend has been DOWN since Mar 22nd, 2024 at 11.360
The short-term trend has been DOWN since May 1st, 2024 at 11.105
Smart Scan Analysis for ULE
Based on our trend formula, ULE is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 11.160 | 11.195 | 11.110 | 11.195 | +0.045 |
| Prev. Close | Volume | Bid | Ask | Time |
| 11.150 | 5945 | 2024-05-02 13:18:07 |
| Year High | 18.97 | Year High Date | 2018-01-25 |
| Year Low | 14.66 | Year Low Date | 2018-11-12 |
| 52wk High | 12.32 | 52wk High Date | 2023-07-14 |
| 52wk Low | 10.6201 | 52wk Low Date | 2023-10-03 |
| Year End Close | 24.32 | Average Volume | 10,304 |
| Shares Outstanding | 850 | Assets | 51M |
| Beta | 1.16 | Volatility | 13.92 |