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Stock Trend Analysis Report
Prepared for you on Thursday, November 21, 2024.
ProShares Ultrashort FTSE China 50 (PACF:FXP)
Sidelines Mode (-55) - FXP 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 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 Sep 23rd, 2024 at 27.4500
The intermediate-term trend has been UP since Nov 12th, 2024 at 18.6800
The short-term trend has been DOWN since Nov 18th, 2024 at 19.0789
Smart Scan Analysis for FXP
Based on our trend formula, FXP is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 19.230000 | 19.281836 | 19.100000 | 19.281836 | -0.007164 |
| Prev. Close | Volume | Bid | Ask | Time |
| 19.230000 | 3210 | 2024-11-20 11:34:50 |
| 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 | 13.5 | 52wk Low Date | 2024-10-07 |
| Year End Close | 17.58 | Average Volume | 27,289 |
| Shares Outstanding | 602 | Assets | 988M |
| Beta | -2.06000000 | Volatility | 62.04 |