Mutual Trend Analysis Report
Prepared for you on Thursday, April 15, 2021.
ULTRA BEAR PROFUND INVESTOR SHARES (NASDAQ:URPIX)
Long-Term Downtrend (-90) - URPIX is in a strong downtrend that is likely to continue. While URPIX is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid URPIX?
MarketClub looks at technical strength and momentum to determine if the timing is right for URPIX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for URPIX
The long-term trend has been DOWN since Apr 29th, 2020 at 57.76
The intermediate-term trend has been DOWN since Mar 11th, 2021 at 27.96
The short-term trend has been DOWN since Mar 26th, 2021 at 27.88
Smart Scan Analysis for URPIX
Based on our trend formula, URPIX is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||66.08||52wk High Date||2020-04-21|
|52wk Low||8.23||52wk Low Date||2020-12-14|
|Year End Close||31.07|