Stock Trend Analysis Report
Prepared for you on Tuesday, December 1, 2020.
ProShares K-1 Free Crude Oil Strategy ETF (BATS:OILK)
Bull Market Weakness (+75) - OILK is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on OILK as it may be in the beginning stages of a reversal.
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 Nov 11th, 2020 at 37.7506
The short-term trend has been DOWN since Dec 1st, 2020 at 39.8500
Smart Scan Analysis for OILK
Based on our trend formula, OILK is rated as a +75 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|