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Stock Trend Analysis Report
Prepared for you on Tuesday, November 5, 2024.
ProShares UltraShort Bloomberg Crude Oil (PACF:SCO)
Sidelines Mode (+55) - SCO 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 SCO?
MarketClub looks at technical strength and momentum to determine if the timing is right for SCO.
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 SCO
The long-term trend has been UP since Jun 4th, 2024 at 18.290
The intermediate-term trend has been UP since Oct 28th, 2024 at 19.110
The short-term trend has been DOWN since Oct 31st, 2024 at 18.431
Smart Scan Analysis for SCO
Based on our trend formula, SCO is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 17.4500 | 17.7100 | 17.2601 | 17.3399 | -0.9401 |
| Prev. Close | Volume | Bid | Ask | Time |
| 17.3500 | 1539983 | 2024-11-04 15:59:41 |
| Year High | 26.82 | Year High Date | 2018-11-28 |
| Year Low | 12.2938 | Year Low Date | 2018-10-03 |
| 52wk High | 22.3913 | 52wk High Date | 2023-12-12 |
| 52wk Low | 14.44 | 52wk Low Date | 2024-04-12 |
| Year End Close | 40.4398 | Average Volume | 1,491,561 |
| Shares Outstanding | 8,255 | Assets | 1,516M |
| Beta | -2.68000000 | Volatility | 72.18 |