Stock Trend Analysis Report
Prepared for you on Wednesday, June 26, 2019.
ProShares K-1 Free Crude Oil Strategy ETF (BATS:OILK)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for OILK
The long term trend has been DOWN since Jun 3rd, 2019 at 19.31
The intermediate term trend has been UP since Jun 24th, 2019 at 20.90
The short term trend has been UP since Jun 18th, 2019 at 19.34
Smart Scan Analysis for OILK
Based on a pre-defined weighted trend formula for chart analysis, OILK scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||28.82||Year High Date||2018-10-03|
|Year Low||18.95||Year Low Date||2018-11-28|
|52wk High||28.82||52wk High Date||2018-10-03|
|52wk Low||16.35||52wk Low Date||2018-12-26|