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Stock Trend Analysis Report

Prepared for you on Wednesday, May 29, 2024.

ProShares Ultra Euro (PACF:ULE)

Sidelines Mode (-55) - ULE is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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.

PACF_ULE
Open High Low ULE Price Change
11.4500 11.4365 11.4000 11.4200 -0.1000
Entry Signal

MarketClub’s Trade Triangles for ULE

long term down The long-term trend has been DOWN since Apr 12th, 2024 at 11.160

intermediate term up The intermediate-term trend has been UP since May 6th, 2024 at 11.310

short term down The short-term trend has been DOWN since May 29th, 2024 at 11.439

Smart Scan Analysis for ULE

Based on our trend formula, ULE is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for ULE
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11.4500 11.4365 11.4000 11.4200 -0.1000
Prev. Close Volume Bid Ask Time
11.5200 5145 2024-05-29 14:34:50
Year High18.97Year High Date2018-01-25
Year Low14.66Year Low Date2018-11-12
52wk High12.3252wk High Date2023-07-14
52wk Low10.620152wk Low Date2023-10-03
Year End Close24.32Average Volume6,009
Shares Outstanding850Assets51M
Beta1.16Volatility13.92
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