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Stock Trend Analysis Report

Prepared for you on Friday, March 29, 2024.

ProShares UltraShort Technology (PACF:REW)

Countertrend Down (-85) - REW is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

Is it time to buy, sell, or avoid REW?

MarketClub looks at technical strength and momentum to determine if the timing is right for REW.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

PACF_REW
Open High Low REW Price Change
6.8200 6.8400 6.8200 6.8200 +0.0086
Entry Signal

MarketClub’s Trade Triangles for REW

long term down The long-term trend has been DOWN since Nov 10th, 2023 at 9.5700

intermediate term down The intermediate-term trend has been DOWN since Mar 1st, 2024 at 6.9135

short term up The short-term trend has been UP since Mar 25th, 2024 at 6.9200

Smart Scan Analysis for REW

Based on our trend formula, REW is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for REW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.8200 6.8400 6.8200 6.8200 +0.0086
Prev. Close Volume Bid Ask Time
6.8122 4799 2024-03-28 15:39:49
Year High17.75Year High Date2018-02-09
Year Low10.5467Year Low Date2018-08-30
52wk High15.0152wk High Date2023-04-25
52wk Low6.5552wk Low Date2024-03-21
Year End Close37Average Volume34,683
Shares Outstanding431Assets93M
Beta-2.06000000Volatility69.17
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