Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Thursday, April 25, 2024.
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 DOWN since Dec 13th, 2023 at 8.7500
The intermediate-term trend has been UP since Apr 12th, 2024 at 7.3971
The short-term trend has been UP since Apr 24th, 2024 at 7.7600
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 7.8000 | 7.8200 | 7.7400 | 7.7400 | +0.0119 |
| Prev. Close | Volume | Bid | Ask | Time |
| 7.7063 | 3536 | 2024-04-24 15:23:32 |
| Year High | 34.6933 | Year High Date | 2018-10-26 |
| Year Low | 23.46 | Year Low Date | 2018-01-29 |
| 52wk High | 11.08 | 52wk High Date | 2023-05-31 |
| 52wk Low | 6.85 | 52wk Low Date | 2024-04-04 |
| Year End Close | 53.77 | Average Volume | 3,957 |
| Shares Outstanding | 310 | Assets | 323M |
| Beta | -2.75000000 | Volatility | 47.3 |