Stock Trend Analysis Report
Prepared for you on Saturday, September 23, 2017.
PROSHARES ULTRA TECH (PACF:ROM)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend 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 ROM
The long term trend has been UP since Jul 14th, 2016 at 40.5000
The intermediate term trend has been UP since Aug 30th, 2017 at 73.3475
The short term trend has been DOWN since Sep 20th, 2017 at 73.8200
Smart Scan Analysis for ROM
Based on a pre-defined weighted trend formula for chart analysis, ROM scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||75.419||Year High Date||2017-09-12|
|Year Low||48.645||Year Low Date||2017-01-03|
|52wk High||75.419||52wk High Date||2017-09-12|
|52wk Low||44.005||52wk Low Date||2016-11-10|
|Year End Close||70.01||Average Volume||31,749|