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Stock Trend Analysis Report

Prepared for you on Thursday, June 20, 2024.

ProShares UltraShort Materials (PACF:SMN)

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

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.

PACF_SMN
Open High Low SMN Price Change
7.8800 7.6600 7.6590 7.6599 +0.0899
Entry Signal

MarketClub’s Trade Triangles for SMN

long term down The long-term trend has been DOWN since Dec 13th, 2023 at 8.7500

intermediate term up The intermediate-term trend has been UP since May 29th, 2024 at 7.4850

short term up The short-term trend has been UP since Jun 17th, 2024 at 7.6998

Smart Scan Analysis for SMN

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

+70
Smart Scan Analysis for SMN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.8800 7.6600 7.6590 7.6599 +0.0899
Prev. Close Volume Bid Ask Time
7.6300 2641 2024-06-18 15:54:14
Year High34.6933Year High Date2018-10-26
Year Low23.46Year Low Date2018-01-29
52wk High11.0252wk High Date2023-10-25
52wk Low6.8552wk Low Date2024-04-04
Year End Close53.77Average Volume5,447
Shares Outstanding310Assets323M
Beta-2.75000000Volatility47.3
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