Analyze Symbol

Index Trend Analysis Report

Prepared for you on Saturday, October 20, 2018.

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

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.

PACF_OILU.NV
Open High Low OILU.NV Price Change
56.0538 56.0538 53.7138 53.7138 -2.3400
Entry Signal

MarketClub’s Trade Triangles for OILU.NV

long term up The long term trend has been UP since Oct 1st, 2018 at 62.9138

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 Oct 9th, 2018 at 67.7156

Smart Scan Analysis for OILU.NV

Based on a pre-defined weighted trend formula for chart analysis, OILU.NV scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for OILU.NV
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
56.0538 56.0538 53.7138 53.7138 -2.3400
Prev. Close Volume Bid Ask Time
53.7138 0 2018-10-19 09:17:41
52wk High73.736452wk High Date2018-10-04
52wk Low24.727852wk Low Date2017-10-23
Want to analyze PROSHARES ULTRAPRO 3X CRUDE OIL ETF [NAV] OILU.NV or another symbol? Try our Free Index Trend Analysis Report.