Index Trend Analysis Report
Prepared for you on Wednesday, April 14, 2021.
ProShares Short Dow30 (GIF:DOG)
Long-Term Downtrend (-90) - DOG is in a strong downtrend that is likely to continue. While DOG 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 DOG?
MarketClub looks at technical strength and momentum to determine if the timing is right for DOG.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DOG
The long-term trend has been DOWN since Jun 2nd, 2020 at 48.478
The intermediate-term trend has been DOWN since Mar 29th, 2021 at 35.952
The short-term trend has been DOWN since Apr 6th, 2021 at 35.773
Smart Scan Analysis for DOG
Based on our trend formula, DOG is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).