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Stock Trend Analysis Report

Prepared for you on Saturday, June 22, 2024.

ProShares Ultra S&P500 (PACF:SSO)

Long-Term Uptrend (+90) - SSO is in a strong uptrend that is likely to continue. While SSO is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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

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

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

PACF_SSO
Open High Low SSO Price Change
83.0000 83.3800 82.5800 82.9702 -0.2898
Entry Signal

MarketClub’s Trade Triangles for SSO

long term up The long-term trend has been UP since Dec 1st, 2023 at 60.50

intermediate term up The intermediate-term trend has been UP since May 7th, 2024 at 74.95

short term up The short-term trend has been UP since Jun 12th, 2024 at 80.41

Smart Scan Analysis for SSO

Based on our trend formula, SSO is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for SSO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
83.0000 83.3800 82.5800 82.9702 -0.2898
Prev. Close Volume Bid Ask Time
82.9000 1888536 2024-06-21 15:59:33
Year High129.98Year High Date2018-09-21
Year Low97.3456Year Low Date2018-02-09
52wk High84.2452wk High Date2024-06-20
52wk Low48.5952wk Low Date2023-10-27
Year End Close60.35Average Volume2,712,066
Shares Outstanding67,400Assets13,217M
Beta2.04Volatility41.2
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