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Index Trend Analysis Report

Prepared for you on Tuesday, October 27, 2020.

ProShares Ultra VIX Short-Term Futures ETF (GIF:UVXY)

Sidelines Mode (-55) - UVXY is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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

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

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

GIF_UVXY
Open High Low UVXY Price Change
16.852 19.363 16.852 18.986 +2.148
Entry Signal

MarketClub’s Trade Triangles for UVXY

long term down The long-term trend has been DOWN since Jul 20th, 2020 at 27.021

intermediate term down The intermediate-term trend has been DOWN since Sep 18th, 2020 at 18.726

short term up The short-term trend has been UP since Oct 26th, 2020 at 18.119

Smart Scan Analysis for UVXY

Based on our trend formula, UVXY is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for UVXY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
16.852 19.363 16.852 18.986 +2.148
Prev. Close Volume Bid Ask Time
19.740 0 2020-10-26 16:14:38
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