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Index Trend Analysis Report

Prepared for you on Monday, October 19, 2020.

ProShares Ultra Gold (GIF:UGL)

Weak Uptrend (+65) - UGL is showing signs of weakening momentum to the upside. Monitor UGL as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid UGL?

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

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

GIF_UGL
Open High Low UGL Price Change
69.737 70.243 69.519 69.932 +0.380
Entry Signal

MarketClub’s Trade Triangles for UGL

long term up The long-term trend has been UP since Apr 9th, 2020 at 59.708

intermediate term down The intermediate-term trend has been DOWN since Sep 8th, 2020 at 70.640

short term up The short-term trend has been UP since Oct 9th, 2020 at 71.096

Smart Scan Analysis for UGL

Based on our trend formula, UGL is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for UGL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
69.737 70.243 69.519 69.932 +0.380
Prev. Close Volume Bid Ask Time
74.251 0 2020-10-19 13:31:07
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