Stock Trend Analysis Report
Prepared for you on Thursday, March 4, 2021.
Proshares Ultra Russell 2000 (PACF:UWM)
Sidelines Mode (+55) - UWM 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 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 UP since Aug 6th, 2020 at 56.14
The intermediate-term trend has been UP since Nov 5th, 2020 at 63.40
The short-term trend has been DOWN since Feb 26th, 2021 at 107.27
Smart Scan Analysis for UWM
Based on our trend formula, UWM is rated as a +55 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||122.8122||52wk High Date||2021-02-10|
|52wk Low||23.2||52wk Low Date||2020-03-23|
|Year End Close||45.52||Average Volume||526,362|