Stock Trend Analysis Report
Prepared for you on Monday, October 25, 2021.
ProShares S&P 500 Bond ETF (PACF:SPXB)
Bear Market Rally (-75) - SPXB is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SPXB as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid SPXB?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPXB.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPXB
The long-term trend has been DOWN since Oct 6th, 2021 at 90.98
The intermediate-term trend has been DOWN since Sep 28th, 2021 at 91.90
The short-term trend has been UP since Oct 25th, 2021 at 90.57
Smart Scan Analysis for SPXB
Based on our trend formula, SPXB is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||81.41||Year High Date||2018-08-22|
|Year Low||78.16||Year Low Date||2018-11-28|
|52wk High||94.6||52wk High Date||2020-12-17|
|52wk Low||87.86||52wk Low Date||2021-03-18|
|Average Volume||1,707||Shares Outstanding||400|