Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Friday, October 22, 2021.
ProShares UltraShort Bloomberg Crude Oil (PACF:SCO)
Countertrend Down (-85) - SCO is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score 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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for SCO
The long-term trend has been DOWN since Nov 11th, 2020 at 58.000
The intermediate-term trend has been DOWN since Aug 30th, 2021 at 17.902
The short-term trend has been UP since Oct 21st, 2021 at 13.110
Smart Scan Analysis for SCO
Based on our trend formula, SCO is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 12.760 | 13.260 | 12.670 | 12.865 | +0.355 |
| Prev. Close | Volume | Bid | Ask | Time |
| 12.880 | 2128472 | 2021-10-21 15:59:50 |
| Year High | 26.82 | Year High Date | 2018-11-28 |
| Year Low | 12.2938 | Year Low Date | 2018-10-03 |
| 52wk High | 82.26 | 52wk High Date | 2020-10-29 |
| 52wk Low | 12.49 | 52wk Low Date | 2021-10-20 |
| Year End Close | 40.4398 | Average Volume | 1,738,082 |
| Shares Outstanding | 8,284 | Assets | 1,516M |
| Beta | -2.68 | Volatility | 72.18 |