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Stock Trend Analysis Report
Prepared for you on Monday, March 20, 2023.
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 Dec 2nd, 2022 at 37.6400
The intermediate-term trend has been UP since Feb 6th, 2023 at 28.9699
The short-term trend has been DOWN since Mar 17th, 2023 at 35.3329
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 |
|---|---|---|---|---|
| 35.2400 | 36.0500 | 35.0500 | 35.6400 | +0.2102 |
| Prev. Close | Volume | Bid | Ask | Time |
| 35.6400 | 10360 | 2023-03-17 15:59:26 |
| Year High | 85.82 | Year High Date | 2018-10-29 |
| Year Low | 49.48 | Year Low Date | 2018-01-26 |
| 52wk High | 75 | 52wk High Date | 2022-10-31 |
| 52wk Low | 25.09 | 52wk Low Date | 2023-01-27 |
| Year End Close | 17.58 | Average Volume | 16,865 |
| Shares Outstanding | 702 | Assets | 988M |
| Beta | -2.06000000 | Volatility | 62.04 |