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Stock Trend Analysis Report
Prepared for you on Tuesday, November 28, 2023.
ProShares S&P 500 Bond ETF (PACF:SPXB)
Sidelines Mode (+50) - SPXB is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until SPXB can gain momentum.
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.
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MarketClub’s Trade Triangles for SPXB
The long-term trend has been DOWN since Mar 1st, 2023 at 73.365
The intermediate-term trend has been UP since Nov 7th, 2023 at 70.160
The short-term trend has been UP since Oct 27th, 2023 at 69.910
Smart Scan Analysis for SPXB
Based on our trend formula, SPXB is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 73.3000 | 73.3800 | 73.3000 | 73.3800 | +0.1723 |
| Prev. Close | Volume | Bid | Ask | Time |
| 73.6872 | 580 | 2023-11-27 10:20:59 |
| Year High | 81.41 | Year High Date | 2018-08-22 |
| Year Low | 78.16 | Year Low Date | 2018-11-28 |
| 52wk High | 77.22 | 52wk High Date | 2023-02-02 |
| 52wk Low | 69.239 | 52wk Low Date | 2023-10-19 |
| Average Volume | 670 | Shares Outstanding | 150 |
| Volatility | 5.05 |