Mutual Trend Analysis Report
Prepared for you on Saturday, May 15, 2021.
PROFUNDS SHORT OIL & GAS PROFUND INVESTOR CLASS (NASDAQ:SNPIX)
Countertrend Down (-85) - SNPIX is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid SNPIX?
MarketClub looks at technical strength and momentum to determine if the timing is right for SNPIX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SNPIX
The long-term trend has been DOWN since Nov 16th, 2020 at 51.83
The intermediate-term trend has been DOWN since Apr 28th, 2021 at 34.76
The short-term trend has been UP since May 11th, 2021 at 32.31
Smart Scan Analysis for SNPIX
Based on our trend formula, SNPIX is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||68.44||52wk High Date||2020-10-28|
|52wk Low||31.68||52wk Low Date||2021-05-07|
|Year End Close||47.25||Payment Date||2019-12-31|