Stock Trend Analysis Report
Prepared for you on Monday, October 18, 2021.
iPath Pure Beta Crude Oil ETN (PACF:OIL)
Strong Uptrend (+100) - OIL is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, OIL continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid OIL?
MarketClub looks at technical strength and momentum to determine if the timing is right for OIL.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for OIL
The long-term trend has been UP since Nov 25th, 2020 at 13.40
The intermediate-term trend has been UP since Aug 30th, 2021 at 20.94
The short-term trend has been UP since Oct 8th, 2021 at 24.19
Smart Scan Analysis for OIL
Based on our trend formula, OIL is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||24.895||52wk High Date||2021-10-15|
|52wk Low||10.5799||52wk Low Date||2020-10-29|
|Average Volume||54,827||Shares Outstanding||1,718|