Stock Trend Analysis Report
Prepared for you on Saturday, January 19, 2019.
ProShares Short Oil & Gas (PACF:DDG)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for DDG
The long term trend has been UP since Oct 19th, 2018 at 22.4799
The intermediate term trend has been DOWN since Jan 7th, 2019 at 25.7600
The short term trend has been DOWN since Jan 18th, 2019 at 25.0120
Smart Scan Analysis for DDG
Based on a pre-defined weighted trend formula for chart analysis, DDG scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||25.56||Year High Date||2018-02-09|
|Year Low||20.6||Year Low Date||2018-05-22|
|52wk High||25.56||52wk High Date||2018-02-09|
|52wk Low||20.6||52wk Low Date||2018-05-22|
|Year End Close||32.08||Average Volume||1,779|