Stock Trend Analysis Report
Prepared for you on Sunday, June 13, 2021.
ProShares K-1 Free Crude Oil Strategy ETF (BATS:OILK)
Long-Term Uptrend (+90) - OILK is in a strong uptrend that is likely to continue. While OILK is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid OILK?
MarketClub looks at technical strength and momentum to determine if the timing is right for OILK.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for OILK
The long-term trend has been UP since Nov 25th, 2020 at 40.3800
The intermediate-term trend has been UP since Apr 14th, 2021 at 55.2881
The short-term trend has been UP since May 24th, 2021 at 57.5900
Smart Scan Analysis for OILK
Based on our trend formula, OILK is rated as a +90 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||25||52wk High Date||2019-04-09|
|52wk Low||6.93||52wk Low Date||2020-03-30|