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Stock Trend Analysis Report
Prepared for you on Monday, December 4, 2023.
ProShares UltraShort Bloomberg Crude Oil (PACF:SCO)
Crossroads (+60) - SCO is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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 Apr 12th, 2023 at 22.16
The intermediate-term trend has been UP since Nov 7th, 2023 at 18.31
The short-term trend has been UP since Dec 1st, 2023 at 19.53
Smart Scan Analysis for SCO
Based on our trend formula, SCO is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 20.01 | 20.39 | 19.39 | 19.80 | -0.01 |
| Prev. Close | Volume | Bid | Ask | Time |
| 19.81 | 1596035 | 2023-12-04 11:36:57 |
| Year High | 26.82 | Year High Date | 2018-11-28 |
| Year Low | 12.2938 | Year Low Date | 2018-10-03 |
| 52wk High | 32.42 | 52wk High Date | 2023-03-16 |
| 52wk Low | 15.9299 | 52wk Low Date | 2023-10-20 |
| Year End Close | 40.4398 | Average Volume | 2,415,065 |
| Shares Outstanding | 8,255 | Assets | 1,516M |
| Beta | -2.68000000 | Volatility | 72.18 |