Mutual Trend Analysis Report
Prepared for you on Saturday, May 25, 2019.
PROFUNDS SHORT OIL & GAS PROFUND INVESTOR CLASS (NASDAQ:SNPIX)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for SNPIX
The long term trend has been DOWN since Mar 18th, 2019 at 44.16
The intermediate term trend has been UP since Apr 29th, 2019 at 44.15
The short term trend has been DOWN since May 15th, 2019 at 45.77
Smart Scan Analysis for SNPIX
Based on a pre-defined weighted trend formula for chart analysis, SNPIX scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2018||52wk High Date||2018-12-24|
|52wk Low||38.32||52wk Low Date||2018-10-09|
|Year End Close||51.67|