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Stock Trend Analysis Report
Prepared for you on Tuesday, August 16, 2022.
ProShares Ultra Bloomberg Crude Oil (PACF:UCO)
Bear Market Rally (-75) - UCO is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on UCO as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid UCO?
MarketClub looks at technical strength and momentum to determine if the timing is right for UCO.
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 UCO
The long-term trend has been DOWN since May 26th, 2022 at 109.1000
The intermediate-term trend has been UP since Jul 29th, 2022 at 39.7900
The short-term trend has been DOWN since Aug 15th, 2022 at 33.0073
Smart Scan Analysis for UCO
Based on our trend formula, UCO is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 32.9100 | 34.7206 | 32.7200 | 34.3100 | -1.9600 |
| Prev. Close | Volume | Bid | Ask | Time |
| 34.3300 | 2993178 | 2022-08-15 15:59:54 |
| Year High | 39.36 | Year High Date | 2018-10-03 |
| Year Low | 16.39 | Year Low Date | 2018-11-28 |
| 52wk High | 55.69 | 52wk High Date | 2022-06-08 |
| 52wk Low | 14.7675 | 52wk Low Date | 2021-08-20 |
| Year End Close | 29.32 | Average Volume | 2,193,257 |
| Shares Outstanding | 39,644 | Assets | 3,748M |
| Beta | 2.62 | Volatility | 78.59 |