Stock Trend Analysis Report
Prepared for you on Thursday, January 17, 2019.
Proshares Ultra MSCI Brazil (PACF:UBR)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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 UBR
The long term trend has been UP since Oct 8th, 2018 at 64.0803
The intermediate term trend has been UP since Jan 2nd, 2019 at 64.3300
The short term trend has been DOWN since Jan 17th, 2019 at 77.5000
Smart Scan Analysis for UBR
Based on a pre-defined weighted trend formula for chart analysis, UBR scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||107.88||Year High Date||2018-01-25|
|Year Low||42.35||Year Low Date||2018-09-11|
|52wk High||107.88||52wk High Date||2018-01-25|
|52wk Low||42.35||52wk Low Date||2018-09-11|
|Year End Close||70.24||Average Volume||6,280|