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Index Trend Analysis Report

Prepared for you on Wednesday, December 12, 2018.

PROSHARES ULTRAPRO NASDAQ BIOTECH (PACF:UBIO.IV)

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.

PACF_UBIO.IV
Open High Low UBIO.IV Price Change
28.4608 29.6961 28.2441 29.6961 +1.2342
Entry Signal

MarketClub’s Trade Triangles for UBIO.IV

long term down The long term trend has been DOWN since Oct 11th, 2018 at 32.3009

intermediate term down The intermediate term trend has been DOWN since Oct 5th, 2018 at 38.1937

short term up The short term trend has been UP since Nov 26th, 2018 at 26.3796

Smart Scan Analysis for UBIO.IV

Based on a pre-defined weighted trend formula for chart analysis, UBIO.IV scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for UBIO.IV
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
28.4608 29.6961 28.2441 29.6961 +1.2342
Prev. Close Volume Bid Ask Time
28.4619 0 2018-11-30 15:59:51
52wk High46.287352wk High Date2018-01-29
52wk Low23.704252wk Low Date2018-11-20
Want to analyze PROSHARES ULTRAPRO NASDAQ BIOTECH UBIO.IV or another symbol? Try our Free Index Trend Analysis Report.