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Stock Trend Analysis Report

Prepared for you on Wednesday, December 4, 2024.

ProShares K-1 Free Crude Oil ETF (BATS:OILK)

Countertrend Down (-85) - OILK is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

Is it time to buy, sell, or avoid OILK?

MarketClub looks at technical strength and momentum to determine if the timing is right for OILK.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

BATS_OILK
Open High Low OILK Price Change
43.4800 43.4800 42.5580 42.6603 -0.6996
Entry Signal

MarketClub’s Trade Triangles for OILK

long term down The long-term trend has been DOWN since Jun 4th, 2024 at 44.648

intermediate term down The intermediate-term trend has been DOWN since Oct 28th, 2024 at 42.280

short term up The short-term trend has been UP since Dec 3rd, 2024 at 43.240

Smart Scan Analysis for OILK

Based on our trend formula, OILK is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for OILK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
43.4800 43.4800 42.5580 42.6603 -0.6996
Prev. Close Volume Bid Ask Time
43.3599 19432 2024-12-04 15:46:07
Year High28.82Year High Date2018-10-03
Year Low18.95Year Low Date2018-11-28
52wk High50.3952wk High Date2024-04-17
52wk Low40.2152wk Low Date2024-09-10
Average Volume55,767Volatility37.82
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