Mutual Trend Analysis Report
Prepared for you on Monday, September 21, 2020.
SHORT NASDAQ-100 PROFUND INVESTOR CLASS (NASDAQ:SOPIX)
Sidelines Mode (+55) - SOPIX 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 SOPIX?
MarketClub looks at technical strength and momentum to determine if the timing is right for SOPIX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SOPIX
The long-term trend has been DOWN since Apr 27th, 2020 at 26.69
The intermediate-term trend has been UP since Sep 8th, 2020 at 20.08
The short-term trend has been DOWN since Sep 15th, 2020 at 19.92
Smart Scan Analysis for SOPIX
Based on our trend formula, SOPIX is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||35.01||52wk High Date||2020-03-16|
|52wk Low||7.85||52wk Low Date||2019-11-15|
|Year End Close||29.8||Payment Date||2019-12-31|