Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Saturday, May 30, 2020.

ProShares Ultra VIX Short-Term Futures ETF (GIF:UVXY)

Weak Downtrend (-65) - UVXY is showing signs of a strengthening downtrend. Monitor UVXY as it may be building momentum to the downside.

Is it time to buy, sell, or avoid UVXY?

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

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

GIF_UVXY
Open High Low UVXY Price Change
33.232 36.453 32.980 32.982 -2.260
Entry Signal

MarketClub’s Trade Triangles for UVXY

long term up The long-term trend has been UP since Feb 27th, 2020 at 19.350

intermediate term down The intermediate-term trend has been DOWN since Apr 14th, 2020 at 46.479

short term down The short-term trend has been DOWN since May 19th, 2020 at 34.620

Smart Scan Analysis for UVXY

Based on our trend formula, UVXY is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for UVXY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
33.232 36.453 32.980 32.982 -2.260
Prev. Close Volume Bid Ask Time
63.586 0 2020-05-29 19:14:36
Get a free daily analysis and signals for ProShares Ultra VIX Short-Term Futures ETF (UVXY) - Request Your Free Report.