Stock Trend Analysis Report
Prepared for you on Friday, February 26, 2021.
ProShares Ultrashort FTSE China 50 (PACF:FXP)
Crossroads (+60) - FXP 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 FXP?
MarketClub looks at technical strength and momentum to determine if the timing is right for FXP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for FXP
The long-term trend has been DOWN since May 18th, 2020 at 54.090
The intermediate-term trend has been UP since Feb 26th, 2021 at 27.205
The short-term trend has been UP since Feb 18th, 2021 at 23.700
Smart Scan Analysis for FXP
Based on our trend formula, FXP is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||85.82||Year High Date||2018-10-29|
|Year Low||49.48||Year Low Date||2018-01-26|
|52wk High||82.65||52wk High Date||2020-03-19|
|52wk Low||22.9765||52wk Low Date||2021-02-17|
|Year End Close||17.58||Average Volume||11,458|