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Stock Trend Analysis Report
Prepared for you on Sunday, November 24, 2024.
ProShares UltraShort S&P500 (PACF:SDS)
Strong Downtrend (-100) - SDS is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SDS continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SDS?
MarketClub looks at technical strength and momentum to determine if the timing is right for SDS.
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 SDS
The long-term trend has been DOWN since Dec 1st, 2023 at 32.7317
The intermediate-term trend has been DOWN since Nov 6th, 2024 at 19.8800
The short-term trend has been DOWN since Nov 21st, 2024 at 19.6900
Smart Scan Analysis for SDS
Based on our trend formula, SDS is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 19.5400 | 19.5800 | 19.3899 | 19.4050 | -0.1250 |
| Prev. Close | Volume | Bid | Ask | Time |
| 19.4300 | 11327397 | 2024-11-22 15:59:30 |
| Year High | 45.27 | Year High Date | 2018-02-09 |
| Year Low | 32.53 | Year Low Date | 2018-10-03 |
| 52wk High | 33.485 | 52wk High Date | 2023-11-30 |
| 52wk Low | 19.06 | 52wk Low Date | 2024-11-11 |
| Year End Close | 54.11 | Average Volume | 12,739,152 |
| Shares Outstanding | 25,556 | Assets | 17,309M |
| Beta | -1.85000000 | Volatility | 41.27 |