Stock Trend Analysis Report
Prepared for you on Friday, October 19, 2018.
PROSHARES SHORT HIGH YIELD (PACF:SJB)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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 SJB
The long term trend has been DOWN since Jun 13th, 2018 at 23.0000
The intermediate term trend has been UP since Oct 8th, 2018 at 22.7299
The short term trend has been DOWN since Oct 16th, 2018 at 22.7500
Smart Scan Analysis for SJB
Based on a pre-defined weighted trend formula for chart analysis, SJB scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||23.909||Year High Date||2018-02-09|
|Year Low||22.45||Year Low Date||2018-10-02|
|52wk High||23.909||52wk High Date||2018-02-09|
|52wk Low||22.45||52wk Low Date||2018-10-02|
|Year End Close||32.15||Average Volume||69,343|