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Index Trend Analysis Report

Prepared for you on Friday, February 23, 2018.

PROSHARES ULTRA-SHORT BLOOMBERG CRUDE OIL (PACF:SCO.IV)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with 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.

PACF_SCO.IV
Open High Low SCO.IV Price Change
21.9966 21.9966 21.2232 21.3078 -0.5699
Entry Signal

MarketClub’s Trade Triangles for SCO.IV

long term down The long term trend has been DOWN since Sep 14th, 2017 at 36.1170

intermediate term up The intermediate term trend has been UP since Feb 7th, 2018 at 22.2951

short term down The short term trend has been DOWN since Feb 14th, 2018 at 23.8509

Smart Scan Analysis for SCO.IV

Based on a pre-defined weighted trend formula for chart analysis, SCO.IV scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for SCO.IV
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
21.9966 21.9966 21.2232 21.3078 -0.5699
Prev. Close Volume Bid Ask Time
21.8777 0 2018-02-23 15:46:56
52wk High52.02452wk High Date2017-06-21
52wk Low19.902552wk Low Date2018-01-25
Want to analyze PROSHARES ULTRA-SHORT BLOOMBERG CRUDE OIL SCO.IV or another symbol? Try our Free Index Trend Analysis Report.