Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Tuesday, May 21, 2024.

ProShares Ultra Russell2000 (PACF:UWM)

Long-Term Uptrend (+90) - UWM is in a strong uptrend that is likely to continue. While UWM 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 UWM?

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

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

PACF_UWM
Open High Low UWM Price Change
39.36 39.93 39.30 39.61 +0.16
Entry Signal

MarketClub’s Trade Triangles for UWM

long term up The long-term trend has been UP since Dec 14th, 2023 at 35.60

intermediate term up The intermediate-term trend has been UP since May 6th, 2024 at 38.00

short term up The short-term trend has been UP since May 3rd, 2024 at 36.66

Smart Scan Analysis for UWM

Based on our trend formula, UWM is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for UWM
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
39.36 39.93 39.30 39.61 +0.16
Prev. Close Volume Bid Ask Time
39.63 872033 2024-05-20 15:59:55
Year High89.24Year High Date2018-08-31
Year Low61.291Year Low Date2018-02-09
52wk High41.3952wk High Date2024-03-28
52wk Low25.1252wk Low Date2023-10-27
Year End Close45.52Average Volume714,053
Shares Outstanding4,250Assets9,256M
Beta2.61Volatility47.65
Get a free daily analysis and signals for ProShares Ultra Russell2000 (UWM) - Request Your Free Report.