Stock Trend Analysis Report
Prepared for you on Friday, September 18, 2020.
ProShares K-1 Free Crude Oil Strategy ETF (BATS:OILK)
Sidelines Mode (-55) - OILK 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 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 Apr 21st, 2020 at 23.01
The intermediate-term trend has been DOWN since Sep 2nd, 2020 at 38.35
The short-term trend has been UP since Sep 15th, 2020 at 35.33
Smart Scan Analysis for OILK
Based on our trend formula, OILK is rated as a -55 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|