Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Thursday, May 6, 2021.

ProShares Ultra VIX Short-Term Futures ETF (BATS:UVXY)

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

MarketClub looks at technical strength and momentum to determine if the timing is right for UVXY.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

BATS_UVXY
Open High Low UVXY Price Change
4.520 4.620 4.340 4.475 -0.165
Entry Signal

MarketClub’s Trade Triangles for UVXY

long term down The long-term trend has been DOWN since Jul 20th, 2020 at 27.04

intermediate term down The intermediate-term trend has been DOWN since Feb 8th, 2021 at 10.00

short term down The short-term trend has been DOWN since May 5th, 2021 at 4.38

Smart Scan Analysis for UVXY

Based on our trend formula, UVXY is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for UVXY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.520 4.620 4.340 4.475 -0.165
Prev. Close Volume Bid Ask Time
4.470 87771189 2021-05-05 15:59:46
52wk High5152wk High Date2020-06-12
52wk Low4.2752wk Low Date2021-04-29
Average Volume67,048,827Shares Outstanding113,331
Get a free daily analysis and signals for ProShares Ultra VIX Short-Term Futures ETF (UVXY) - Request Your Free Report.