Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Thursday, November 21, 2024.
GraniteShares 2x Long UBER Daily ETF (NASDAQ:UBRL)
Long-Term Downtrend (-90) - UBRL is in a strong downtrend that is likely to continue. While UBRL 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 UBRL?
MarketClub looks at technical strength and momentum to determine if the timing is right for UBRL.
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 UBRL
The long-term trend has been DOWN since Oct 31st, 2024 at 22.5945
The intermediate-term trend has been DOWN since Oct 31st, 2024 at 26.4210
The short-term trend has been DOWN since Nov 18th, 2024 at 22.7600
Smart Scan Analysis for UBRL
Based on our trend formula, UBRL is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 21.8300 | 22.4024 | 21.6700 | 22.0420 | +0.3120 |
| Prev. Close | Volume | Bid | Ask | Time |
| 22.0900 | 23484 | 2024-11-20 15:58:08 |
| 52wk High | 35.3099 | 52wk High Date | 2024-10-11 |
| 52wk Low | 20.8912 | 52wk Low Date | 2024-11-18 |
| Average Volume | 40,443 |