Stock Trend Analysis Report
Prepared for you on Wednesday, May 12, 2021.
Procure ETF Trust II (NASDAQ:UFO)
Weak Downtrend (-65) - UFO is showing signs of a strengthening downtrend. Monitor UFO as it may be building momentum to the downside.
Is it time to buy, sell, or avoid UFO?
MarketClub looks at technical strength and momentum to determine if the timing is right for UFO.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for UFO
The long-term trend has been UP since Nov 9th, 2020 at 22.654
The intermediate-term trend has been DOWN since May 11th, 2021 at 28.747
The short-term trend has been DOWN since May 11th, 2021 at 29.124
Smart Scan Analysis for UFO
Based on our trend formula, UFO is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||32.4||52wk High Date||2021-02-10|
|52wk Low||16.26||52wk Low Date||2020-05-14|
|Average Volume||47,285||Shares Outstanding||525|