Stock Trend Analysis Report
Prepared for you on Monday, August 15, 2022.
ProShares Ultra Euro (PACF:ULE)
Bear Market Rally (-75) - ULE is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on ULE as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid ULE?
MarketClub looks at technical strength and momentum to determine if the timing is right for ULE.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ULE
The long-term trend has been DOWN since Jul 7th, 2021 at 14.5096
The intermediate-term trend has been UP since Aug 1st, 2022 at 10.6200
The short-term trend has been DOWN since Aug 15th, 2022 at 10.5300
Smart Scan Analysis for ULE
Based on our trend formula, ULE is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||18.97||Year High Date||2018-01-25|
|Year Low||14.66||Year Low Date||2018-11-12|
|52wk High||14.69||52wk High Date||2021-09-03|
|52wk Low||9.99||52wk Low Date||2022-07-14|
|Year End Close||24.32||Average Volume||48,602|