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Stock Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
ProShares UltraShort Dow30 (PACF:DXD)
Long-Term Downtrend (-90) - DXD is in a strong downtrend that is likely to continue. While DXD 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 DXD?
MarketClub looks at technical strength and momentum to determine if the timing is right for DXD.
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 DXD
The long-term trend has been DOWN since Nov 30th, 2023 at 37.6600
The intermediate-term trend has been DOWN since Jun 20th, 2024 at 32.2700
The short-term trend has been DOWN since Jul 26th, 2024 at 29.9701
Smart Scan Analysis for DXD
Based on our trend formula, DXD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 30.530 | 30.550 | 29.650 | 29.885 | -0.995 |
| Prev. Close | Volume | Bid | Ask | Time |
| 30.880 | 1255400 | 2024-07-26 15:59:54 |
| Year High | 38.316 | Year High Date | 2018-02-09 |
| Year Low | 27.6799 | Year Low Date | 2018-10-03 |
| 52wk High | 46.23 | 52wk High Date | 2023-10-27 |
| 52wk Low | 28.75 | 52wk Low Date | 2024-07-18 |
| Year End Close | 47.78 | Average Volume | 693,181 |
| Shares Outstanding | 2,410 | Assets | 2,581M |
| Beta | -1.64000000 | Volatility | 41.11 |