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Stock Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
ProShares UltraShort Health Care (PACF:RXD)
Long-Term Downtrend (-90) - RXD is in a strong downtrend that is likely to continue. While RXD 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 RXD?
MarketClub looks at technical strength and momentum to determine if the timing is right for RXD.
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 RXD
The long-term trend has been DOWN since Dec 22nd, 2023 at 12.310
The intermediate-term trend has been DOWN since Jun 7th, 2024 at 10.595
The short-term trend has been DOWN since Jul 24th, 2024 at 10.105
Smart Scan Analysis for RXD
Based on our trend formula, RXD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 10.0000 | 10.1100 | 9.8000 | 10.0950 | +0.0958 |
| Prev. Close | Volume | Bid | Ask | Time |
| 10.0950 | 10042 | 2024-07-25 15:59:45 |
| Year High | 32.1368 | Year High Date | 2018-02-09 |
| Year Low | 21.3585 | Year Low Date | 2018-10-01 |
| 52wk High | 14.7461 | 52wk High Date | 2023-10-27 |
| 52wk Low | 9.8 | 52wk Low Date | 2024-07-25 |
| Year End Close | 56.06 | Average Volume | 2,539 |
| Shares Outstanding | 155 | Assets | 44M |
| Beta | -1.26000000 | Volatility | 45.65 |