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Stock Trend Analysis Report

Prepared for you on Wednesday, June 19, 2024.

ProShares UltraShort Bloomberg Crude Oil (PACF:SCO)

Weak Downtrend (-65) - SCO is showing signs of a strengthening downtrend. Monitor SCO as it may be building momentum to the downside.

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
16.1500 16.1750 15.7497 15.8050 -0.3450
Entry Signal

MarketClub’s Trade Triangles for SCO

long term up The long-term trend has been UP since Jun 4th, 2024 at 18.2900

intermediate term down The intermediate-term trend has been DOWN since Jun 18th, 2024 at 16.0168

short term down The short-term trend has been DOWN since Jun 7th, 2024 at 17.6749

Smart Scan Analysis for SCO

Based on our trend formula, SCO is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for SCO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
16.1500 16.1750 15.7497 15.8050 -0.3450
Prev. Close Volume Bid Ask Time
15.8100 1533289 2024-06-18 15:59:13
Year High26.82Year High Date2018-11-28
Year Low12.2938Year Low Date2018-10-03
52wk High27.81852wk High Date2023-06-28
52wk Low14.4452wk Low Date2024-04-12
Year End Close40.4398Average Volume1,788,604
Shares Outstanding8,255Assets1,516M
Beta-2.68000000Volatility72.18
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