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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.
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MarketClub’s Trade Triangles for SCO
The long-term trend has been DOWN since Nov 11th, 2020 at 14.50
The intermediate-term trend has been DOWN since Nov 9th, 2020 at 15.54
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).
| 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 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 | 6.84 | 52wk Low Date | 2021-02-25 |
| Year End Close | 40.4398 | Average Volume | 3,635,476 |
| Shares Outstanding | 13,040 | Assets | 1,516M |
| Beta | -2.68 | Volatility | 72.18 |