Stock Trend Analysis Report
Prepared for you on Friday, August 14, 2020.
Proshares Ultra VIX Short-Term (PACF:UVXY)
Long-Term Downtrend (-90) - UVXY is in a strong downtrend that is likely to continue. While UVXY is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid UVXY?
MarketClub looks at technical strength and momentum to determine if the timing is right for UVXY.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for UVXY
The long-term trend has been DOWN since Jul 20th, 2020 at 27.0400
The intermediate-term trend has been DOWN since Jul 17th, 2020 at 28.6099
The short-term trend has been DOWN since Aug 3rd, 2020 at 24.8000
Smart Scan Analysis for UVXY
Based on our trend formula, UVXY is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||150.9||Year High Date||2018-02-06|
|Year Low||35.04||Year Low Date||2018-10-01|
|52wk High||135||52wk High Date||2020-03-18|
|52wk Low||10.4||52wk Low Date||2020-01-21|
|Year End Close||20.9||Average Volume||14,512,584|