Index Trend Analysis Report
Prepared for you on Saturday, November 28, 2020.
ProShares UltraShort Consumer Goods (GIF:SZK)
Crossroads (-60) - SZK is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid SZK?
MarketClub looks at technical strength and momentum to determine if the timing is right for SZK.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SZK
The long-term trend has been UP since Aug 18th, 2020 at 11.5558
The intermediate-term trend has been DOWN since Nov 9th, 2020 at 11.4544
The short-term trend has been DOWN since Nov 3rd, 2020 at 12.2081
Smart Scan Analysis for SZK
Based on our trend formula, SZK is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).