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Stock Trend Analysis Report

Prepared for you on Tuesday, June 18, 2024.

ProShares UltraShort Financials (PACF:SKF)

Sidelines Mode (-55) - SKF 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 SKF?

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

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

PACF_SKF
Open High Low SKF Price Change
12.770 12.780 12.623 12.630 -0.150
Entry Signal

MarketClub’s Trade Triangles for SKF

long term down The long-term trend has been DOWN since Nov 29th, 2023 at 16.7355

intermediate term up The intermediate-term trend has been UP since May 29th, 2024 at 12.7200

short term down The short-term trend has been DOWN since Jun 18th, 2024 at 12.7600

Smart Scan Analysis for SKF

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

-55
Smart Scan Analysis for SKF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
12.770 12.780 12.623 12.630 -0.150
Prev. Close Volume Bid Ask Time
12.780 22046 2024-06-18 15:59:30
Year High23.08Year High Date2018-02-09
Year Low17.93Year Low Date2018-09-21
52wk High21.3852wk High Date2023-10-27
52wk Low11.7752wk Low Date2024-04-01
Year End Close33.54Average Volume41,178
Shares Outstanding1,148Assets1,488M
Beta-2.31000000Volatility37.55
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