Index Trend Analysis Report
Prepared for you on Wednesday, October 28, 2020.
ProShares Ultra Silver (GIF:AGQ)
Crossroads (+60) - AGQ 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 AGQ?
MarketClub looks at technical strength and momentum to determine if the timing is right for AGQ.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for AGQ
The long-term trend has been UP since Jun 1st, 2020 at 30.543
The intermediate-term trend has been DOWN since Sep 8th, 2020 at 54.444
The short-term trend has been DOWN since Oct 26th, 2020 at 45.453
Smart Scan Analysis for AGQ
Based on our trend formula, AGQ is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).