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Stock Trend Analysis Report

Prepared for you on Thursday, April 18, 2024.

ProShares UltraShort S&P500 (PACF:SDS)

Bull Market Weakness (+75) - SDS is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SDS as it may be in the beginning stages of a reversal.

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.

PACF_SDS
Open High Low SDS Price Change
26.6800 27.4178 26.6600 27.2400 +0.3100
Entry Signal

MarketClub’s Trade Triangles for SDS

long term down The long-term trend has been DOWN since Dec 1st, 2023 at 32.7317

intermediate term up The intermediate-term trend has been UP since Apr 12th, 2024 at 26.2800

short term up The short-term trend has been UP since Apr 2nd, 2024 at 25.2000

Smart Scan Analysis for SDS

Based on our trend formula, SDS is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for SDS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
26.6800 27.4178 26.6600 27.2400 +0.3100
Prev. Close Volume Bid Ask Time
27.2700 14156340 2024-04-17 15:59:44
Year High45.27Year High Date2018-02-09
Year Low32.53Year Low Date2018-10-03
52wk High41.409952wk High Date2023-05-04
52wk Low24.690152wk Low Date2024-03-21
Year End Close54.11Average Volume10,964,203
Shares Outstanding25,556Assets17,309M
Beta-1.85000000Volatility41.27
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