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Stock Trend Analysis Report

Prepared for you on Wednesday, May 29, 2024.

Invesco DB USD Index Bearish ETF (PACF:UDN)

Crossroads (+60) - UDN is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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

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

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

PACF_UDN
Open High Low UDN Price Change
18.0700 18.1099 18.0600 18.0650 +0.0350
Entry Signal

MarketClub’s Trade Triangles for UDN

long term down The long-term trend has been DOWN since Jan 16th, 2024 at 18.1601

intermediate term up The intermediate-term trend has been UP since May 15th, 2024 at 18.0000

short term up The short-term trend has been UP since May 28th, 2024 at 18.0490

Smart Scan Analysis for UDN

Based on our trend formula, UDN is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for UDN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
18.0700 18.1099 18.0600 18.0650 +0.0350
Prev. Close Volume Bid Ask Time
18.0650 23983 2024-05-28 15:59:46
Year High23.265Year High Date2018-01-25
Year Low20.94Year Low Date2018-11-12
52wk High19.4752wk High Date2023-07-18
52wk Low17.6552wk Low Date2024-04-16
Year End Close27.21Average Volume30,898
Shares Outstanding1,800Assets931M
Beta44.52Volatility6.39
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