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Stock Trend Analysis Report
Prepared for you on Wednesday, April 17, 2024.
ProShares UltraShort Gold (PACF:GLL)
Long-Term Downtrend (-90) - GLL is in a strong downtrend that is likely to continue. While GLL is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid GLL?
MarketClub looks at technical strength and momentum to determine if the timing is right for GLL.
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 GLL
The long-term trend has been DOWN since Nov 28th, 2023 at 27.3400
The intermediate-term trend has been DOWN since Mar 1st, 2024 at 27.1853
The short-term trend has been DOWN since Mar 20th, 2024 at 24.5008
Smart Scan Analysis for GLL
Based on our trend formula, GLL is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 20.31 | 20.74 | 20.17 | 20.55 | +0.30 |
| Prev. Close | Volume | Bid | Ask | Time |
| 20.25 | 179104 | 2024-04-17 15:58:47 |
| Year High | 86.21 | Year High Date | 2018-08-15 |
| Year Low | 63.081 | Year Low Date | 2018-04-11 |
| 52wk High | 33.4999 | 52wk High Date | 2023-10-05 |
| 52wk Low | 19.51 | 52wk Low Date | 2024-04-12 |
| Year End Close | 62.6 | Average Volume | 195,655 |
| Shares Outstanding | 597 | Assets | 910M |
| Beta | -0.38000000 | Volatility | 16.85 |