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Stock Trend Analysis Report
Prepared for you on Monday, December 4, 2023.
ProShares Ultra VIX Short-Term Futures ETF (BATS:UVXY)
Countertrend Down (-85) - UVXY 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 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.
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MarketClub’s Trade Triangles for UVXY
The long-term trend has been DOWN since Nov 7th, 2023 at 12.8000
The intermediate-term trend has been DOWN since Nov 2nd, 2023 at 14.1799
The short-term trend has been UP since Dec 4th, 2023 at 10.3200
Smart Scan Analysis for UVXY
Based on our trend formula, UVXY is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 10.1500 | 10.4200 | 10.0100 | 10.0599 | +0.1499 |
| Prev. Close | Volume | Bid | Ask | Time |
| 9.9100 | 12067681 | 2023-12-04 12:07:29 |
| 52wk High | 79.1 | 52wk High Date | 2022-12-16 |
| 52wk Low | 9.7323 | 52wk Low Date | 2023-12-01 |
| Average Volume | 17,860,143 | Shares Outstanding | 1,133 |