Stock Trend Analysis Report
Prepared for you on Monday, December 4, 2023.
ProShares UltraShort Materials (PACF:SMN)
Crossroads (-60) - SMN 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 SMN?
MarketClub looks at technical strength and momentum to determine if the timing is right for SMN.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SMN
The long-term trend has been UP since Oct 2nd, 2023 at 10.1300
The intermediate-term trend has been DOWN since Nov 14th, 2023 at 9.7999
The short-term trend has been DOWN since Nov 14th, 2023 at 10.2000
Smart Scan Analysis for SMN
Based on our trend formula, SMN is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||34.6933||Year High Date||2018-10-26|
|Year Low||23.46||Year Low Date||2018-01-29|
|52wk High||11.17||52wk High Date||2023-03-16|
|52wk Low||8.3||52wk Low Date||2023-07-25|
|Year End Close||53.77||Average Volume||7,233|