Stock Trend Analysis Report
Prepared for you on Sunday, June 17, 2018.
PROSHARES ULTRA TECH (PACF:ROM)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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 Feb 26th, 2018 at 103.4400
The intermediate term trend has been UP since Apr 17th, 2018 at 98.4900
The short term trend has been DOWN since Jun 15th, 2018 at 110.5599
Smart Scan Analysis for ROM
Based on a pre-defined weighted trend formula for chart analysis, ROM scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||113.1||Year High Date||2018-06-14|
|Year Low||79.37||Year Low Date||2018-02-09|
|52wk High||113.1||52wk High Date||2018-06-14|
|52wk Low||63.94||52wk Low Date||2017-07-03|
|Year End Close||70.01||Average Volume||35,685|