Mutual Trend Analysis Report
Prepared for you on Monday, November 23, 2020.
PRECIOUS METALS ULTRA SECTOR PROFUND INVESTOR (NASDAQ:PMPIX)
Long-Term Downtrend (-90) - PMPIX is in a strong downtrend that is likely to continue. While PMPIX is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid PMPIX?
MarketClub looks at technical strength and momentum to determine if the timing is right for PMPIX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for PMPIX
The long-term trend has been DOWN since Nov 18th, 2020 at 69.83
The intermediate-term trend has been DOWN since Nov 18th, 2020 at 69.83
The short-term trend has been DOWN since Nov 17th, 2020 at 73.06
Smart Scan Analysis for PMPIX
Based on our trend formula, PMPIX is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||94.39||52wk High Date||2020-08-05|
|52wk Low||31.72||52wk Low Date||2020-03-13|
|Year End Close||52.64|