Index Trend Analysis Report
Prepared for you on Monday, April 12, 2021.
ProShares UltraShort MidCap400 (GIF:MZZ)
Weak Downtrend (-65) - MZZ is showing signs of a strengthening downtrend. Monitor MZZ as it may be building momentum to the downside.
Is it time to buy, sell, or avoid MZZ?
MarketClub looks at technical strength and momentum to determine if the timing is right for MZZ.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MZZ
The long-term trend has been UP since Jan 21st, 2021 at 10.6738
The intermediate-term trend has been DOWN since Mar 9th, 2021 at 10.2692
The short-term trend has been DOWN since Mar 26th, 2021 at 9.8638
Smart Scan Analysis for MZZ
Based on our trend formula, MZZ is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).