Index Trend Analysis Report
Prepared for you on Tuesday, March 2, 2021.
ProShares Ultra Health Care (GIF:RXL)
Strong Downtrend (-100) - RXL is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid RXL?
MarketClub looks at technical strength and momentum to determine if the timing is right for RXL.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RXL
The long-term trend has been DOWN since Jan 21st, 2021 at 117.923
The intermediate-term trend has been DOWN since Jan 21st, 2021 at 145.071
The short-term trend has been DOWN since Feb 16th, 2021 at 80.863
Smart Scan Analysis for RXL
Based on our trend formula, RXL is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).