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Stock Trend Analysis Report

Prepared for you on Wednesday, July 6, 2022.

ProShares Ultrashort FTSE China 50 (PACF:FXP)

Countertrend Down (-85) - FXP is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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.

PACF_FXP
Open High Low FXP Price Change
32.34 33.38 32.39 32.61 +0.81
Entry Signal

MarketClub’s Trade Triangles for FXP

long term down The long-term trend has been DOWN since Jun 6th, 2022 at 34.5019

intermediate term down The intermediate-term trend has been DOWN since May 31st, 2022 at 39.8900

short term up The short-term trend has been UP since Jun 30th, 2022 at 32.0500

Smart Scan Analysis for FXP

Based on our trend formula, FXP is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for FXP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
32.34 33.38 32.39 32.61 +0.81
Prev. Close Volume Bid Ask Time
31.80 14331 2022-07-06 15:48:07
Year High85.82Year High Date2018-10-29
Year Low49.48Year Low Date2018-01-26
52wk High72.852wk High Date2022-03-15
52wk Low29.9952wk Low Date2022-06-28
Year End Close17.58Average Volume36,750
Shares Outstanding552Assets988M
Beta-2.06000000Volatility62.04
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