Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
ProShares Ultra VIX Short-Term Futures ETF (BATS:UVXY)
Bear Market Rally (-75) - UVXY is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on UVXY as it may be in the beginning 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 Nov 7th, 2024 at 21.48
The intermediate-term trend has been DOWN since Nov 6th, 2024 at 25.62
The short-term trend has been UP since Nov 15th, 2024 at 21.55
Smart Scan Analysis for UVXY
Based on our trend formula, UVXY is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 22.72 | 22.80 | 21.13 | 22.06 | +1.18 |
| Prev. Close | Volume | Bid | Ask | Time |
| 21.97 | 13963904 | 2024-11-19 15:59:33 |
| 52wk High | 65.87 | 52wk High Date | 2024-08-05 |
| 52wk Low | 19.5 | 52wk Low Date | 2024-11-14 |
| Average Volume | 11,253,732 | Shares Outstanding | 227 |