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Stock Trend Analysis Report
Prepared for you on Wednesday, May 8, 2024.
MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETN (PACF:OILD)
Sidelines Mode (+55) - OILD 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 OILD?
MarketClub looks at technical strength and momentum to determine if the timing is right for OILD.
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 OILD
The long-term trend has been DOWN since Mar 1st, 2024 at 18.37
The intermediate-term trend has been UP since May 1st, 2024 at 14.51
The short-term trend has been DOWN since May 6th, 2024 at 14.41
Smart Scan Analysis for OILD
Based on our trend formula, OILD is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 14.4000 | 14.4300 | 14.2000 | 14.4124 | +0.0304 |
| Prev. Close | Volume | Bid | Ask | Time |
| 14.4140 | 44202 | 2024-05-07 15:58:20 |
| 52wk High | 33.42 | 52wk High Date | 2021-12-20 |
| 52wk Low | 2.07 | 52wk Low Date | 2022-11-14 |
| Average Volume | 3,894,188 | Assets | 106,833,800M |
| Liabilities | 100,134,400M |