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Stock Trend Analysis Report

Prepared for you on Thursday, April 25, 2024.

ProShares Short Russell2000 (PACF:RWM)

Sidelines Mode (-55) - RWM 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 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
21.3800 21.5624 21.3001 21.4200 +0.0800
Entry Signal

MarketClub’s Trade Triangles for RWM

long term down The long-term trend has been DOWN since Dec 13th, 2023 at 22.53

intermediate term up The intermediate-term trend has been UP since Apr 15th, 2024 at 21.40

short term down The short-term trend has been DOWN since Apr 23rd, 2024 at 21.58

Smart Scan Analysis for RWM

Based on our trend formula, RWM is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for RWM
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
21.3800 21.5624 21.3001 21.4200 +0.0800
Prev. Close Volume Bid Ask Time
21.3400 2626680 2024-04-24 15:59:43
Year High45.09Year High Date2018-02-09
Year Low36.82Year Low Date2018-08-31
52wk High26.549952wk High Date2023-10-27
52wk Low19.9352wk Low Date2024-03-28
Year End Close24.32Average Volume2,394,834
Shares Outstanding15,367Assets3,864M
Beta-1.22000000Volatility23.86
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