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Index Trend Analysis Report

Prepared for you on Monday, April 19, 2021.

ProShares Short High Yield (GIF:SJB)

Long-Term Downtrend (-90) - SJB is in a strong downtrend that is likely to continue. While SJB 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 SJB?

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

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

GIF_SJB
Open High Low SJB Price Change
18.307 18.378 18.307 18.370 +0.027
Entry Signal

MarketClub’s Trade Triangles for SJB

long term down The long-term trend has been DOWN since Jun 2nd, 2020 at 20.582

intermediate term down The intermediate-term trend has been DOWN since Mar 29th, 2021 at 18.517

short term down The short-term trend has been DOWN since Apr 14th, 2021 at 18.364

Smart Scan Analysis for SJB

Based on our trend formula, SJB is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for SJB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
18.307 18.378 18.307 18.370 +0.027
Prev. Close Volume Bid Ask Time
18.343 0 2021-04-19 16:00:15
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