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Stock Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
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.
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MarketClub’s Trade Triangles for FXP
The long-term trend has been DOWN since Mar 12th, 2024 at 36.8421
The intermediate-term trend has been UP since Jul 19th, 2024 at 31.1550
The short-term trend has been UP since Jul 24th, 2024 at 31.2535
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 32.3900 | 32.5690 | 31.8585 | 31.9500 | -0.2946 |
| Prev. Close | Volume | Bid | Ask | Time |
| 32.2446 | 8166 | 2024-07-26 15:59:45 |
| Year High | 85.82 | Year High Date | 2018-10-29 |
| Year Low | 49.48 | Year Low Date | 2018-01-26 |
| 52wk High | 51.19 | 52wk High Date | 2024-01-22 |
| 52wk Low | 24.2701 | 52wk Low Date | 2024-05-17 |
| Year End Close | 17.58 | Average Volume | 4,075 |
| Shares Outstanding | 602 | Assets | 988M |
| Beta | -2.06000000 | Volatility | 62.04 |