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Stock Trend Analysis Report

Prepared for you on Tuesday, October 3, 2023.

ProShares UltraShort S&P500 (PACF:SDS)

Sidelines Mode (-55) - SDS is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid SDS?

MarketClub looks at technical strength and momentum to determine if the timing is right for SDS.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

Open High Low SDS Price Change
37.2600 37.6310 36.9200 37.1699 +0.0599
Entry Signal

MarketClub’s Trade Triangles for SDS

long term down The long-term trend has been DOWN since Dec 1st, 2022 at 40.8984

intermediate term up The intermediate-term trend has been UP since Sep 19th, 2023 at 35.2747

short term down The short-term trend has been DOWN since Sep 29th, 2023 at 36.5910

Smart Scan Analysis for SDS

Based on our trend formula, SDS is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for SDS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
37.2600 37.6310 36.9200 37.1699 +0.0599
Prev. Close Volume Bid Ask Time
37.1300 7817406 2023-10-02 15:59:43
Year High45.27Year High Date2018-02-09
Year Low32.53Year Low Date2018-10-03
52wk High57.0752wk High Date2022-10-13
52wk Low32.17552wk Low Date2023-07-27
Year End Close54.11Average Volume5,213,805
Shares Outstanding25,556Assets17,309M
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