Mutual Trend Analysis Report
Prepared for you on Friday, February 28, 2020.
RISING RATES OPPORTUNITY PROFUNDS INVESTOR (NASDAQ:RRPIX)
Strong Downtrend (-100) - RRPIX is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
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 Dec 19th, 2018 at 40.91
The intermediate-term trend has been DOWN since Jan 15th, 2020 at 32.03
The short-term trend has been DOWN since Feb 14th, 2020 at 30.29
Smart Scan Analysis for RRPIX
Based on our trend formula, RRPIX is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||41.58||52wk High Date||2019-03-01|
|52wk Low||28.16||52wk Low Date||2020-02-25|
|Year End Close||33.14|