Stock Trend Analysis Report
Prepared for you on Friday, January 18, 2019.
ProShares Short Financials (PACF:SEF)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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.
MarketClub’s Trade Triangles for SEF
The long term trend has been UP since Oct 11th, 2018 at 23.340
The intermediate term trend has been DOWN since Jan 7th, 2019 at 24.782
The short term trend has been DOWN since Dec 28th, 2018 at 25.580
Smart Scan Analysis for SEF
Based on a pre-defined weighted trend formula for chart analysis, SEF scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||24.5||Year High Date||2018-10-26|
|Year Low||21.68||Year Low Date||2018-09-21|
|52wk High||24.5||52wk High Date||2018-10-26|
|52wk Low||21.68||52wk Low Date||2018-09-21|
|Year End Close||28.39||Average Volume||29,793|