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Stock Trend Analysis Report
Prepared for you on Tuesday, May 7, 2024.
ProShares UltraPro S&P 500 (PACF:UPRO)
Long-Term Uptrend (+90) - UPRO is in a strong uptrend that is likely to continue. While UPRO is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid UPRO?
MarketClub looks at technical strength and momentum to determine if the timing is right for UPRO.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for UPRO
The long-term trend has been UP since Dec 1st, 2023 at 49.3900
The intermediate-term trend has been UP since May 7th, 2024 at 66.9187
The short-term trend has been UP since May 3rd, 2024 at 64.2500
Smart Scan Analysis for UPRO
Based on our trend formula, UPRO is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 67.040 | 67.440 | 66.615 | 66.990 | +0.300 |
| Prev. Close | Volume | Bid | Ask | Time |
| 66.690 | 3850432 | 2024-05-07 15:59:48 |
| Year High | 58.95 | Year High Date | 2018-09-21 |
| Year Low | 38.8733 | Year Low Date | 2018-02-09 |
| 52wk High | 71.16 | 52wk High Date | 2024-03-21 |
| 52wk Low | 35.573 | 52wk Low Date | 2023-10-27 |
| Year End Close | 88.25 | Average Volume | 6,802,348 |
| Shares Outstanding | 65,150 | Assets | 3,006M |
| Beta | 3.1 | Volatility | 62.88 |