Stock Trend Analysis Report
Prepared for you on Wednesday, October 20, 2021.
ProShares Ultra Russell2000 (PACF:UWM)
Crossroads (+60) - UWM is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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.
MarketClub’s Trade Triangles for UWM
The long-term trend has been DOWN since Jul 19th, 2021 at 51.00
The intermediate-term trend has been UP since Oct 15th, 2021 at 58.60
The short-term trend has been UP since Oct 14th, 2021 at 56.41
Smart Scan Analysis for UWM
Based on our trend formula, UWM is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||89.24||Year High Date||2018-08-31|
|Year Low||61.291||Year Low Date||2018-02-09|
|52wk High||63.165||52wk High Date||2021-03-15|
|52wk Low||26.855||52wk Low Date||2020-10-30|
|Year End Close||45.52||Average Volume||431,718|