Index Trend Analysis Report
Prepared for you on Wednesday, January 20, 2021.
ProShares UltraShort Real Estate (GIF:SRS)
Bear Market Rally (-75) - SRS is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SRS as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid SRS?
MarketClub looks at technical strength and momentum to determine if the timing is right for SRS.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SRS
The long-term trend has been DOWN since Sep 3rd, 2020 at 13.740
The intermediate-term trend has been UP since Jan 6th, 2021 at 13.330
The short-term trend has been DOWN since Jan 14th, 2021 at 12.973
Smart Scan Analysis for SRS
Based on our trend formula, SRS is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).