Stock Trend Analysis Report
Prepared for you on Wednesday, February 24, 2021.
ProShares UltraShort Semiconductors (PACF:SSG)
Countertrend Down (-85) - SSG 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 SSG?
MarketClub looks at technical strength and momentum to determine if the timing is right for SSG.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SSG
The long-term trend has been DOWN since Dec 1st, 2020 at 15.090
The intermediate-term trend has been DOWN since Nov 5th, 2020 at 17.330
The short-term trend has been UP since Feb 18th, 2021 at 10.775
Smart Scan Analysis for SSG
Based on our trend formula, SSG is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||22.47||Year High Date||2018-10-29|
|Year Low||13.752||Year Low Date||2018-06-07|
|52wk High||88.9596||52wk High Date||2020-03-17|
|52wk Low||10.0901||52wk Low Date||2021-02-16|
|Year End Close||41.56||Average Volume||16,792|