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Stock Trend Analysis Report
Prepared for you on Tuesday, October 15, 2024.
ProShares Short S&P500 (PACF:SH)
Long-Term Downtrend (-90) - SH is in a strong downtrend that is likely to continue. While SH 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 SH?
MarketClub looks at technical strength and momentum to determine if the timing is right for SH.
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 SH
The long-term trend has been DOWN since Dec 1st, 2023 at 13.66
The intermediate-term trend has been DOWN since Aug 19th, 2024 at 11.27
The short-term trend has been DOWN since Oct 9th, 2024 at 10.86
Smart Scan Analysis for SH
Based on our trend formula, SH is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 10.670000 | 10.787652 | 10.670000 | 10.769900 | +0.089900 |
| Prev. Close | Volume | Bid | Ask | Time |
| 10.680000 | 26942242 | 2024-10-15 15:59:39 |
| Year High | 31.765 | Year High Date | 2018-02-09 |
| Year Low | 27.08 | Year Low Date | 2018-10-03 |
| 52wk High | 15.2 | 52wk High Date | 2023-10-27 |
| 52wk Low | 10.66 | 52wk Low Date | 2024-10-14 |
| Year End Close | 34.03 | Average Volume | 31,654,909 |
| Shares Outstanding | 130,906 | Assets | 16,059M |
| Beta | -0.95000000 | Volatility | 20.82 |