Stock Trend Analysis Report
Prepared for you on Thursday, June 4, 2020.
Proofpoint, Inc (NASDAQ:PFPT)
Sidelines Mode (+55) - PFPT is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid PFPT?
MarketClub looks at technical strength and momentum to determine if the timing is right for PFPT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for PFPT
The long-term trend has been UP since May 7th, 2020 at 129.450
The intermediate-term trend has been DOWN since May 13th, 2020 at 113.125
The short-term trend has been UP since May 28th, 2020 at 115.300
Smart Scan Analysis for PFPT
Based on our trend formula, PFPT is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||130.27||Year High Date||2018-05-10|
|Year Low||75.92||Year Low Date||2018-10-26|
|52wk High||133.58||52wk High Date||2019-10-14|
|52wk Low||83.81||52wk Low Date||2020-03-16|
|Year End Close||12.31||Average Volume||771,632|
|Shares Outstanding||56,454||Short Interest||450,515|
|% Institutional||73.3||Market Cap||7,048M|