Index Trend Analysis Report
Prepared for you on Tuesday, March 2, 2021.
ProShares Short Real Estate (GIF:REK)
Bull Market Weakness (+75) - REK is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on REK as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid REK?
MarketClub looks at technical strength and momentum to determine if the timing is right for REK.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for REK
The long-term trend has been DOWN since Jun 3rd, 2020 at 12.507
The intermediate-term trend has been UP since Mar 2nd, 2021 at 11.116
The short-term trend has been UP since Feb 26th, 2021 at 11.016
Smart Scan Analysis for REK
Based on our trend formula, REK is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).