Stock Trend Analysis Report
Prepared for you on Saturday, May 30, 2020.
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.
MarketClub’s Trade Triangles for SCO
The long-term trend has been UP since Feb 3rd, 2020 at 16.96
The intermediate-term trend has been DOWN since May 14th, 2020 at 34.84
The short-term trend has been DOWN since May 14th, 2020 at 36.12
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).
|Year High||26.82||Year High Date||2018-11-28|
|Year Low||12.2938||Year Low Date||2018-10-03|
|52wk High||67.35||52wk High Date||2020-03-18|
|52wk Low||11.17||52wk Low Date||2020-01-06|
|Year End Close||40.4398||Average Volume||2,742,756|