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Stock Trend Analysis Report

Prepared for you on Tuesday, July 23, 2024.

ProShares K-1 Free Crude Oil Strategy ETF (BATS:OILK)

Long-Term Downtrend (-90) - OILK is in a strong downtrend that is likely to continue. While OILK 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 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.

BATS_OILK
Open High Low OILK Price Change
46.340 46.450 45.550 46.035 -0.675
Entry Signal

MarketClub’s Trade Triangles for OILK

long term down The long-term trend has been DOWN since Jun 4th, 2024 at 44.648

intermediate term down The intermediate-term trend has been DOWN since Jul 16th, 2024 at 47.810

short term down The short-term trend has been DOWN since Jul 19th, 2024 at 47.280

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).

-90
Smart Scan Analysis for OILK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
46.340 46.450 45.550 46.035 -0.675
Prev. Close Volume Bid Ask Time
46.710 189174 2024-07-23 13:21:09
Year High28.82Year High Date2018-10-03
Year Low18.95Year Low Date2018-11-28
52wk High5152wk High Date2023-09-27
52wk Low40.852wk Low Date2023-12-12
Average Volume28,187Volatility37.82
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