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Stock Trend Analysis Report

Prepared for you on Monday, October 7, 2024.

Tuttle Capital Daily 2X Inverse Regional Banks ETF (NASDAQ:SKRE)

Strong Downtrend (-100) - SKRE is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SKRE continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid SKRE?

MarketClub looks at technical strength and momentum to determine if the timing is right for SKRE.

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NASDAQ_SKRE
Open High Low SKRE Price Change
17.66 18.06 17.67 17.80 -0.74
Entry Signal

MarketClub’s Trade Triangles for SKRE

long term down The long-term trend has been DOWN since May 6th, 2024 at 24.00

intermediate term down The intermediate-term trend has been DOWN since Sep 18th, 2024 at 16.62

short term down The short-term trend has been DOWN since Oct 4th, 2024 at 17.76

Smart Scan Analysis for SKRE

Based on our trend formula, SKRE is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for SKRE
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
17.66 18.06 17.67 17.80 -0.74
Prev. Close Volume Bid Ask Time
17.70 38259 2024-10-04 15:55:48
52wk High30.359952wk High Date2024-02-07
52wk Low16.1352wk Low Date2024-09-19
Average Volume46,174
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