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Stock Trend Analysis Report

Prepared for you on Monday, October 2, 2023.

ProShares Ultra Bloomberg Crude Oil (PACF:UCO)

Bull Market Weakness (+75) - UCO is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on UCO as it may be in the beginning stages 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.

PACF_UCO
Open High Low UCO Price Change
36.20 36.20 35.06 35.30 -0.62
Entry Signal

MarketClub’s Trade Triangles for UCO

long term up The long-term trend has been UP since Aug 4th, 2023 at 30.780

intermediate term up The intermediate-term trend has been UP since Sep 1st, 2023 at 32.375

short term up The short-term trend has been UP since Sep 27th, 2023 at 36.430

Smart Scan Analysis for UCO

Based on our trend formula, UCO is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for UCO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
36.20 36.20 35.06 35.30 -0.62
Prev. Close Volume Bid Ask Time
35.28 1428373 2023-09-29 15:59:59
Year High39.36Year High Date2018-10-03
Year Low16.39Year Low Date2018-11-28
52wk High37.1152wk High Date2023-09-27
52wk Low20.7452wk Low Date2023-03-15
Year End Close29.32Average Volume1,765,286
Shares Outstanding35,243Assets3,748M
Beta2.62Volatility78.59
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