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Stock Trend Analysis Report

Prepared for you on Friday, March 29, 2024.

ProShares Short Russell2000 (PACF:RWM)

Long-Term Downtrend (-90) - RWM is in a strong downtrend that is likely to continue. While RWM is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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

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

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

PACF_RWM
Open High Low RWM Price Change
20.1100 20.1193 19.9300 20.0750 -0.0550
Entry Signal

MarketClub’s Trade Triangles for RWM

long term down The long-term trend has been DOWN since Dec 13th, 2023 at 22.53

intermediate term down The intermediate-term trend has been DOWN since Mar 21st, 2024 at 20.29

short term down The short-term trend has been DOWN since Mar 27th, 2024 at 20.26

Smart Scan Analysis for RWM

Based on our trend formula, RWM is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for RWM
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
20.1100 20.1193 19.9300 20.0750 -0.0550
Prev. Close Volume Bid Ask Time
20.0600 3189662 2024-03-28 15:59:58
Year High45.09Year High Date2018-02-09
Year Low36.82Year Low Date2018-08-31
52wk High26.549952wk High Date2023-10-27
52wk Low20.1352wk Low Date2024-03-27
Year End Close24.32Average Volume1,722,446
Shares Outstanding15,367Assets3,864M
Beta-1.22000000Volatility23.86
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