Mutual Trend Analysis Report
Prepared for you on Monday, October 19, 2020.
MID-CAP GROWTH PROFUND SERVICE CLASS (NASDAQ:MGPSX)
Bull Market Weakness (+75) - MGPSX is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on MGPSX as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid MGPSX?
MarketClub looks at technical strength and momentum to determine if the timing is right for MGPSX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MGPSX
The long-term trend has been UP since Jun 3rd, 2020 at 76.75
The intermediate-term trend has been UP since Oct 1st, 2020 at 80.73
The short-term trend has been DOWN since Oct 14th, 2020 at 85.58
Smart Scan Analysis for MGPSX
Based on our trend formula, MGPSX is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||86.02||52wk High Date||2020-10-12|
|52wk Low||50.92||52wk Low Date||2020-03-23|
|Year End Close||80.95|