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Stock Trend Analysis Report
Prepared for you on Sunday, October 17, 2021.
ProShares Short Russell2000 (PACF:RWM)
Long-Term Downtrend (-90) - RWM is in a strong downtrend that is likely to continue. While RWM 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 RWM?
MarketClub looks at technical strength and momentum to determine if the timing is right for RWM.
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 RWM
The long-term trend has been DOWN since Oct 15th, 2021 at 20.710
The intermediate-term trend has been DOWN since Sep 27th, 2021 at 20.800
The short-term trend has been DOWN since Oct 14th, 2021 at 21.135
Smart Scan Analysis for RWM
Based on our trend formula, RWM is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 20.7100 | 20.9852 | 20.6710 | 20.9700 | +0.0400 |
| Prev. Close | Volume | Bid | Ask | Time |
| 20.9700 | 855203 | 2021-10-15 15:59:56 |
| Year High | 45.09 | Year High Date | 2018-02-09 |
| Year Low | 36.82 | Year Low Date | 2018-08-31 |
| 52wk High | 33.38 | 52wk High Date | 2020-10-30 |
| 52wk Low | 20.6 | 52wk Low Date | 2021-06-25 |
| Year End Close | 24.32 | Average Volume | 1,404,754 |
| Shares Outstanding | 13,267 | Assets | 3,864M |
| Beta | -1.22 | Volatility | 23.86 |