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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.

PACF_RWM
Open High Low RWM Price Change
20.7100 20.9852 20.6710 20.9700 +0.0400
Entry Signal

MarketClub’s Trade Triangles for RWM

long term down The long-term trend has been DOWN since Oct 15th, 2021 at 20.710

intermediate term down The intermediate-term trend has been DOWN since Sep 27th, 2021 at 20.800

short term down 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).

-90
Smart Scan Analysis for RWM
Strong Downtrend Sideways 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 High45.09Year High Date2018-02-09
Year Low36.82Year Low Date2018-08-31
52wk High33.3852wk High Date2020-10-30
52wk Low20.652wk Low Date2021-06-25
Year End Close24.32Average Volume1,404,754
Shares Outstanding13,267Assets3,864M
Beta-1.22Volatility23.86
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