Mutual Trend Analysis Report
Prepared for you on Monday, May 17, 2021.
RISING RATES OPPORTUNITY PROFUNDS INVESTOR (NASDAQ:RRPIX)
Long-Term Uptrend (+90) - RRPIX is in a strong uptrend that is likely to continue. While RRPIX is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid RRPIX?
MarketClub looks at technical strength and momentum to determine if the timing is right for RRPIX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RRPIX
The long-term trend has been UP since Oct 5th, 2020 at 23.87
The intermediate-term trend has been UP since May 10th, 2021 at 28.61
The short-term trend has been UP since May 7th, 2021 at 28.23
Smart Scan Analysis for RRPIX
Based on our trend formula, RRPIX is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||30.2||52wk High Date||2021-03-18|
|52wk Low||21.65||52wk Low Date||2020-08-04|
|Year End Close||24.26||Payment Date||2019-12-31|