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Stock Trend Analysis Report
Prepared for you on Tuesday, April 23, 2024.
ProShares S&P 500 Bond ETF (PACF:SPXB)
Long-Term Downtrend (-90) - SPXB is in a strong downtrend that is likely to continue. While SPXB is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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 Apr 5th, 2024 at 74.4300
The intermediate-term trend has been DOWN since Apr 3rd, 2024 at 74.8300
The short-term trend has been DOWN since Apr 3rd, 2024 at 75.1397
Smart Scan Analysis for SPXB
Based on our trend formula, SPXB is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 73.1100 | 73.1675 | 73.1100 | 73.1675 | +0.1466 |
| Prev. Close | Volume | Bid | Ask | Time |
| 73.1877 | 577 | 2024-04-22 15:26:24 |
| Year High | 81.41 | Year High Date | 2018-08-22 |
| Year Low | 78.16 | Year Low Date | 2018-11-28 |
| 52wk High | 77.9 | 52wk High Date | 2024-01-08 |
| 52wk Low | 69.239 | 52wk Low Date | 2023-10-19 |
| Average Volume | 906 | Shares Outstanding | 150 |
| Volatility | 5.05 |