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Stock Trend Analysis Report

Prepared for you on Tuesday, June 18, 2024.

ProShares Ultra Dow30 (PACF:DDM)

Sidelines Mode (+55) - DDM 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 DDM?

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

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

PACF_DDM
Open High Low DDM Price Change
82.1100 82.6500 81.7829 82.1500 +0.1100
Entry Signal

MarketClub’s Trade Triangles for DDM

long term up The long-term trend has been UP since Nov 30th, 2023 at 72.270

intermediate term down The intermediate-term trend has been DOWN since May 28th, 2024 at 81.710

short term up The short-term trend has been UP since Jun 18th, 2024 at 82.255

Smart Scan Analysis for DDM

Based on our trend formula, DDM is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for DDM
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
82.1100 82.6500 81.7829 82.1500 +0.1100
Prev. Close Volume Bid Ask Time
82.0400 113832 2024-06-18 15:59:15
Year High51.22Year High Date2018-10-03
Year Low38.6933Year Low Date2018-04-02
52wk High87.7152wk High Date2024-05-20
52wk Low58.7652wk Low Date2023-10-27
Year End Close70.23Average Volume224,589
Shares Outstanding5,400Assets2,371M
Beta1.8Volatility41.49
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