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Stock Trend Analysis Report
Prepared for you on Thursday, May 2, 2024.
Invesco DB USD Index Bearish ETF (PACF:UDN)
Sidelines Mode (-55) - UDN is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid UDN?
MarketClub looks at technical strength and momentum to determine if the timing is right for UDN.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for UDN
The long-term trend has been DOWN since Jan 16th, 2024 at 18.1601
The intermediate-term trend has been DOWN since Mar 22nd, 2024 at 18.0000
The short-term trend has been UP since May 2nd, 2024 at 17.8550
Smart Scan Analysis for UDN
Based on our trend formula, UDN is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 17.7800 | 17.8653 | 17.7800 | 17.8600 | +0.1150 |
| Prev. Close | Volume | Bid | Ask | Time |
| 17.7450 | 7015 | 2024-05-02 13:29:00 |
| Year High | 23.265 | Year High Date | 2018-01-25 |
| Year Low | 20.94 | Year Low Date | 2018-11-12 |
| 52wk High | 19.47 | 52wk High Date | 2023-07-18 |
| 52wk Low | 17.65 | 52wk Low Date | 2024-04-16 |
| Year End Close | 27.21 | Average Volume | 30,922 |
| Shares Outstanding | 1,800 | Assets | 931M |
| Beta | 44.52 | Volatility | 6.39 |