Stock Trend Analysis Report
Prepared for you on Thursday, March 4, 2021.
ProShares S&P 500 Bond ETF (PACF:SPXB)
Strong Downtrend (-100) - SPXB is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. 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.
MarketClub’s Trade Triangles for SPXB
The long-term trend has been DOWN since Jan 7th, 2021 at 91.7550
The intermediate-term trend has been DOWN since Jan 5th, 2021 at 93.5600
The short-term trend has been DOWN since Feb 12th, 2021 at 92.2269
Smart Scan Analysis for SPXB
Based on our trend formula, SPXB is rated as a -100 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||95.51||52wk High Date||2020-08-07|
|52wk Low||70||52wk Low Date||2020-03-23|
|Average Volume||6,038||Shares Outstanding||375|