Index Trend Analysis Report
Prepared for you on Friday, August 7, 2020.
ProShares UltraPro Short Russell2000 (GIF:SRTY)
Strong Downtrend (-100) - SRTY 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 SRTY?
MarketClub looks at technical strength and momentum to determine if the timing is right for SRTY.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SRTY
The long-term trend has been DOWN since Apr 29th, 2020 at 16.4830
The intermediate-term trend has been DOWN since Apr 7th, 2020 at 28.5460
The short-term trend has been DOWN since Aug 3rd, 2020 at 9.2095
Smart Scan Analysis for SRTY
Based on our trend formula, SRTY is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).