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Index Trend Analysis Report

Prepared for you on Tuesday, August 21, 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
45.4140 46.0047 45.4140 46.0047 +0.5907
Entry Signal

MarketClub’s Trade Triangles for OILU.NV

long term down The long term trend has been DOWN since Aug 16th, 2018 at 44.6355

intermediate term down The intermediate term trend has been DOWN since Aug 9th, 2018 at 48.9328

short term down The short term trend has been DOWN since Aug 9th, 2018 at 51.7761

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
45.4140 46.0047 45.4140 46.0047 +0.5907
Prev. Close Volume Bid Ask Time
46.0047 0 2018-08-20 09:22:47
52wk High63.314552wk High Date2018-05-22
52wk Low18.697252wk Low Date2017-08-30
Want to analyze PROSHARES ULTRAPRO 3X CRUDE OIL ETF [NAV] OILU.NV or another symbol? Try our Free Index Trend Analysis Report.