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Stock Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

ProShares UltraPro Short S&P500 (PACF:SPXU)

Countertrend Down (-85) - SPXU is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

Is it time to buy, sell, or avoid SPXU?

MarketClub looks at technical strength and momentum to determine if the timing is right for SPXU.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

PACF_SPXU
Open High Low SPXU Price Change
23.1900 23.2510 22.4401 22.5480 -0.2320
Entry Signal

MarketClub’s Trade Triangles for SPXU

long term down The long-term trend has been DOWN since Sep 17th, 2024 at 25.9104

intermediate term down The intermediate-term trend has been DOWN since Nov 6th, 2024 at 22.8500

short term up The short-term trend has been UP since Nov 14th, 2024 at 22.0150

Smart Scan Analysis for SPXU

Based on our trend formula, SPXU is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for SPXU
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
23.1900 23.2510 22.4401 22.5480 -0.2320
Prev. Close Volume Bid Ask Time
22.5200 9607772 2024-11-19 15:59:33
Year High52.28Year High Date2018-02-09
Year Low31.39Year Low Date2018-10-03
52wk High51.452wk High Date2023-11-20
52wk Low21.3852wk Low Date2024-11-11
Year End Close37.75Average Volume9,764,823
Shares Outstanding19,379Assets5,008M
Beta-2.69000000Volatility62.16
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