Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Saturday, June 15, 2024.

ProShares Ultrashort FTSE China 50 (PACF:FXP)

Bull Market Weakness (+75) - FXP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on FXP as it may be in the beginning stages of a reversal.

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
30.4800 30.7600 30.5803 30.7299 +0.5544
Entry Signal

MarketClub’s Trade Triangles for FXP

long term down The long-term trend has been DOWN since Mar 12th, 2024 at 36.8421

intermediate term up The intermediate-term trend has been UP since May 31st, 2024 at 29.9250

short term up The short-term trend has been UP since Jun 7th, 2024 at 29.3900

Smart Scan Analysis for FXP

Based on our trend formula, FXP is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for FXP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
30.4800 30.7600 30.5803 30.7299 +0.5544
Prev. Close Volume Bid Ask Time
30.6745 6664 2024-06-14 15:47:41
Year High85.82Year High Date2018-10-29
Year Low49.48Year Low Date2018-01-26
52wk High51.1952wk High Date2024-01-22
52wk Low24.270152wk Low Date2024-05-17
Year End Close17.58Average Volume6,500
Shares Outstanding602Assets988M
Beta-2.06000000Volatility62.04
Get a free daily analysis and signals for ProShares Ultrashort FTSE China 50 (FXP) - Request Your Free Report.