Stock Trend Analysis Report
Prepared for you on Sunday, May 27, 2018.
PROSHARES ULTRA-SHORT S&P 500 (PACF:SDS)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
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 SDS
The long term trend has been UP since Feb 9th, 2018 at 45.16
The intermediate term trend has been DOWN since May 10th, 2018 at 38.51
The short term trend has been UP since May 24th, 2018 at 38.65
Smart Scan Analysis for SDS
Based on a pre-defined weighted trend formula for chart analysis, SDS scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||45.27||Year High Date||2018-02-09|
|Year Low||35.66||Year Low Date||2018-01-26|
|52wk High||51.68||52wk High Date||2017-05-31|
|52wk Low||35.66||52wk Low Date||2018-01-26|
|Year End Close||54.11||Average Volume||4,551,269|