Index Trend Analysis Report
Prepared for you on Tuesday, December 1, 2020.
ProShares Ultra Silver (GIF:AGQ)
Long-Term Downtrend (-90) - AGQ is in a strong downtrend that is likely to continue. While AGQ 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 AGQ?
MarketClub looks at technical strength and momentum to determine if the timing is right for AGQ.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for AGQ
The long-term trend has been DOWN since Nov 27th, 2020 at 37.095
The intermediate-term trend has been DOWN since Nov 23rd, 2020 at 41.270
The short-term trend has been DOWN since Nov 19th, 2020 at 44.131
Smart Scan Analysis for AGQ
Based on our trend formula, AGQ is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).