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Stock Trend Analysis Report

Prepared for you on Friday, February 26, 2021.

ProShares UltraShort Bloomberg Crude Oil (PACF:SCO)

Long-Term Downtrend (-90) - SCO is in a strong downtrend that is likely to continue. While SCO 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 SCO?

MarketClub looks at technical strength and momentum to determine if the timing is right for SCO.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

PACF_SCO
Open High Low SCO Price Change
7.0500 7.2650 7.0477 7.1200 +0.1800
Entry Signal

MarketClub’s Trade Triangles for SCO

long term down The long-term trend has been DOWN since Nov 11th, 2020 at 14.50

intermediate term down The intermediate-term trend has been DOWN since Nov 9th, 2020 at 15.54

short term down The short-term trend has been DOWN since Feb 22nd, 2021 at 7.47

Smart Scan Analysis for SCO

Based on our trend formula, SCO is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for SCO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.0500 7.2650 7.0477 7.1200 +0.1800
Prev. Close Volume Bid Ask Time
6.9400 2109977 2021-02-26 11:37:21
Year High26.82Year High Date2018-11-28
Year Low12.2938Year Low Date2018-10-03
52wk High67.3552wk High Date2020-03-18
52wk Low6.8452wk Low Date2021-02-25
Year End Close40.4398Average Volume3,635,476
Shares Outstanding13,040Assets1,516M
Beta-2.68Volatility72.18
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