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Stock Trend Analysis Report

Prepared for you on Saturday, July 20, 2024.

ProShares Short MidCap400 (PACF:MYY)

Long-Term Downtrend (-90) - MYY is in a strong downtrend that is likely to continue. While MYY 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 MYY?

MarketClub looks at technical strength and momentum to determine if the timing is right for MYY.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

PACF_MYY
Open High Low MYY Price Change
19.4000 19.8000 19.5100 19.7700 +0.2107
Entry Signal

MarketClub’s Trade Triangles for MYY

long term down The long-term trend has been DOWN since Dec 13th, 2023 at 22.7310

intermediate term down The intermediate-term trend has been DOWN since Jul 11th, 2024 at 20.3600

short term down The short-term trend has been DOWN since Jul 11th, 2024 at 20.5601

Smart Scan Analysis for MYY

Based on our trend formula, MYY is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for MYY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
19.4000 19.8000 19.5100 19.7700 +0.2107
Prev. Close Volume Bid Ask Time
19.9497 1019 2024-07-18 15:49:45
Year High48.116Year High Date2018-02-09
Year Low41.35Year Low Date2018-08-29
52wk High26.0952wk High Date2023-10-27
52wk Low19.2952wk Low Date2024-07-16
Year End Close25.35Average Volume10,852
Shares Outstanding469Assets212M
Beta-1.09000000Volatility18.94
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