Stock Trend Analysis Report
Prepared for you on Saturday, May 8, 2021.
VELOCITYSHARES 3X INV SLV (NASDAQ:DSLVF)
Long-Term Downtrend (-90) - DSLVF is in a strong downtrend that is likely to continue. While DSLVF is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid DSLVF?
MarketClub looks at technical strength and momentum to determine if the timing is right for DSLVF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DSLVF
The long-term trend has been DOWN since Jul 8th, 2020 at 8.37
The intermediate-term trend has been DOWN since Apr 23rd, 2021 at 1.27
The short-term trend has been DOWN since Apr 23rd, 2021 at 1.21
Smart Scan Analysis for DSLVF
Based on our trend formula, DSLVF is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||17.44||52wk High Date||2020-05-07|
|52wk Low||0.96||52wk Low Date||2021-02-22|
|Average Volume||2,093||Shares Outstanding||739|