Mutual Trend Analysis Report
Prepared for you on Thursday, August 18, 2022.
RISING RATES OPPORTUNITY PROFUNDS INVESTOR (NASDAQ:RRPIX)
Sidelines Mode (-55) - RRPIX 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 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 DOWN since Aug 1st, 2022 at 30.98
The intermediate-term trend has been DOWN since Jun 30th, 2022 at 32.57
The short-term trend has been UP since Aug 17th, 2022 at 31.93
Smart Scan Analysis for RRPIX
Based on our trend formula, RRPIX is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||34.89||52wk High Date||2022-06-14|
|52wk Low||23.12||52wk Low Date||2021-12-03|
|Year End Close||24.42||Payment Date||2019-12-31|