Stock Trend Analysis Report
Prepared for you on Thursday, May 24, 2018.
PROSHARES SHORT HIGH YIELD (PACF:SJB)
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 SJB
The long term trend has been UP since Feb 8th, 2018 at 23.6105
The intermediate term trend has been DOWN since Apr 9th, 2018 at 23.3100
The short term trend has been DOWN since May 21st, 2018 at 23.2100
Smart Scan Analysis for SJB
Based on a pre-defined weighted trend formula for chart analysis, SJB scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||23.909||Year High Date||2018-02-09|
|Year Low||22.91||Year Low Date||2018-01-05|
|52wk High||23.909||52wk High Date||2018-02-09|
|52wk Low||22.91||52wk Low Date||2018-01-05|
|Year End Close||32.15||Average Volume||62,712|