Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Wednesday, June 29, 2022.
ProShares Ultra VIX Short-Term Futures ETF (BATS:UVXY)
Bull Market Weakness (+75) - UVXY is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on UVXY as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid UVXY?
MarketClub looks at technical strength and momentum to determine if the timing is right for UVXY.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for UVXY
The long-term trend has been DOWN since Jul 20th, 2020 at 270.40
The intermediate-term trend has been UP since Jun 13th, 2022 at 16.90
The short-term trend has been UP since Jun 29th, 2022 at 14.47
Smart Scan Analysis for UVXY
Based on our trend formula, UVXY is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 14.40 | 14.83 | 14.24 | 14.67 | +0.40 |
| Prev. Close | Volume | Bid | Ask | Time |
| 14.27 | 23545283 | 2022-06-29 12:44:07 |
| 52wk High | 38.74 | 52wk High Date | 2021-07-19 |
| 52wk Low | 11.16 | 52wk Low Date | 2022-01-12 |
| Average Volume | 58,607,567 | Shares Outstanding | 11,333 |