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Index Trend Analysis Report

Prepared for you on Tuesday, December 11, 2018.

PROSHARES ULTRAPRO 3X CRUDE OIL ETF [NAV] (PACF:OILU.NV)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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.

PACF_OILU.NV
Open High Low OILU.NV Price Change
19.5446 20.8976 19.5446 20.8976 +1.3530
Entry Signal

MarketClub’s Trade Triangles for OILU.NV

long term down The long term trend has been DOWN since Nov 2nd, 2018 at 44.5397

intermediate term down The intermediate term trend has been DOWN since Oct 18th, 2018 at 57.7644

short term down The short term trend has been DOWN since Nov 21st, 2018 at 28.8478

Smart Scan Analysis for OILU.NV

Based on a pre-defined weighted trend formula for chart analysis, OILU.NV scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for OILU.NV
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
19.5446 20.8976 19.5446 20.8976 +1.3530
Prev. Close Volume Bid Ask Time
19.5446 0 2018-11-30 09:20:04
52wk High73.736452wk High Date2018-10-04
52wk Low19.544652wk Low Date2018-11-29
Want to analyze PROSHARES ULTRAPRO 3X CRUDE OIL ETF [NAV] OILU.NV or another symbol? Try our Free Index Trend Analysis Report.