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Stock Trend Analysis Report
Prepared for you on Friday, April 19, 2024.
ProShares UltraShort Bloomberg Crude Oil (PACF:SCO)
Sidelines Mode (-55) - SCO is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid SCO?
MarketClub looks at technical strength and momentum to determine if the timing is right for SCO.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for SCO
The long-term trend has been DOWN since Mar 1st, 2024 at 17.4977
The intermediate-term trend has been DOWN since Jan 22nd, 2024 at 19.1200
The short-term trend has been UP since Apr 17th, 2024 at 15.4224
Smart Scan Analysis for SCO
Based on our trend formula, SCO is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 15.9000 | 15.9529 | 15.6700 | 15.8850 | +0.0450 |
| Prev. Close | Volume | Bid | Ask | Time |
| 15.8400 | 2039421 | 2024-04-19 15:19:05 |
| Year High | 26.82 | Year High Date | 2018-11-28 |
| Year Low | 12.2938 | Year Low Date | 2018-10-03 |
| 52wk High | 30.02 | 52wk High Date | 2023-05-04 |
| 52wk Low | 14.44 | 52wk Low Date | 2024-04-12 |
| Year End Close | 40.4398 | Average Volume | 2,260,619 |
| Shares Outstanding | 8,255 | Assets | 1,516M |
| Beta | -2.68000000 | Volatility | 72.18 |