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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.

PACF_UCO
Open High Low UCO Price Change
32.9100 34.7206 32.7200 34.3100 -1.9600
Entry Signal

MarketClub’s Trade Triangles for UCO

long term down The long-term trend has been DOWN since May 26th, 2022 at 109.1000

intermediate term up The intermediate-term trend has been UP since Jul 29th, 2022 at 39.7900

short term down 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).

-75
Smart Scan Analysis for UCO
Strong Downtrend Sideways 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 High39.36Year High Date2018-10-03
Year Low16.39Year Low Date2018-11-28
52wk High55.6952wk High Date2022-06-08
52wk Low14.767552wk Low Date2021-08-20
Year End Close29.32Average Volume2,193,257
Shares Outstanding39,644Assets3,748M
Beta2.62Volatility78.59
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