Stock Trend Analysis Report
Prepared for you on Sunday, April 5, 2020.
Velocity Shares Triple Leveraged Oil Fair Value (NASDAQ:UWTIF)
Crossroads (+60) - UWTIF is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid UWTIF?
MarketClub looks at technical strength and momentum to determine if the timing is right for UWTIF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for UWTIF
The long-term trend has been DOWN since Jan 24th, 2020 at 10.13
The intermediate-term trend has been UP since Apr 3rd, 2020 at 8.60
The short-term trend has been UP since Mar 20th, 2020 at 6.36
Smart Scan Analysis for UWTIF
Based on our trend formula, UWTIF is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||50||Year High Date||2018-10-03|
|Year Low||16||Year Low Date||2018-11-26|
|52wk High||24.6||52wk High Date||2019-04-23|
|52wk Low||4||52wk Low Date||2020-03-09|