Index Trend Analysis Report
Prepared for you on Wednesday, January 27, 2021.
ProShares Ultra Real Estate (GIF:URE)
Crossroads (+60) - URE 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 URE?
MarketClub looks at technical strength and momentum to determine if the timing is right for URE.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for URE
The long-term trend has been DOWN since Oct 29th, 2020 at 50.072
The intermediate-term trend has been UP since Jan 20th, 2021 at 62.674
The short-term trend has been UP since Jan 14th, 2021 at 59.057
Smart Scan Analysis for URE
Based on our trend formula, URE is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).