Mutual Trend Analysis Report
Prepared for you on Sunday, August 18, 2019.
PROFUNDS SHORT OIL & GAS PROFUND SERVICE CLASS (NASDAQ:SNPSX)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 SNPSX
The long term trend has been UP since May 23rd, 2019 at 44.55
The intermediate term trend has been UP since Jul 17th, 2019 at 44.23
The short term trend has been UP since Aug 14th, 2019 at 47.55
Smart Scan Analysis for SNPSX
Based on a pre-defined weighted trend formula for chart analysis, SNPSX scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2018||52wk High Date||2018-12-24|
|52wk Low||36.46||52wk Low Date||2018-10-09|
|Year End Close||49.09|