Mutual Trend Analysis Report
Prepared for you on Tuesday, May 26, 2020.
PROFUNDS SHORT OIL & GAS PROFUND SERVICE CLASS (NASDAQ:SNPSX)
Crossroads (-60) - SNPSX is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid SNPSX?
MarketClub looks at technical strength and momentum to determine if the timing is right for SNPSX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SNPSX
The long-term trend has been UP since Feb 3rd, 2020 at 48.69
The intermediate-term trend has been DOWN since Apr 6th, 2020 at 71.05
The short-term trend has been DOWN since May 18th, 2020 at 56.82
Smart Scan Analysis for SNPSX
Based on our trend formula, SNPSX is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||96.51||52wk High Date||2020-03-18|
|52wk Low||42.77||52wk Low Date||2020-01-06|
|Year End Close||43.34|