Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Friday, October 23, 2020.

ProShares UltraShort Dow30 (GIF:DXD)

Countertrend Down (-85) - DXD is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

Is it time to buy, sell, or avoid DXD?

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

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

GIF_DXD
Open High Low DXD Price Change
14.994 15.274 14.868 14.928 -0.168
Entry Signal

MarketClub’s Trade Triangles for DXD

long term down The long-term trend has been DOWN since Sep 2nd, 2020 at 14.854

intermediate term down The intermediate-term trend has been DOWN since Sep 2nd, 2020 at 14.854

short term up The short-term trend has been UP since Oct 19th, 2020 at 15.128

Smart Scan Analysis for DXD

Based on our trend formula, DXD is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for DXD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
14.994 15.274 14.868 14.928 -0.168
Prev. Close Volume Bid Ask Time
15.482 0 2020-10-22 16:13:21
Get a free daily analysis and signals for ProShares UltraShort Dow30 (DXD) - Request Your Free Report.