Mutual Trend Analysis Report
Prepared for you on Tuesday, January 18, 2022.
Short NASDAQ-100 ProFund Investor Class (NASDAQ:SOPIX)
Bull Market Weakness (+75) - SOPIX is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SOPIX as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SOPIX?
MarketClub looks at technical strength and momentum to determine if the timing is right for SOPIX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SOPIX
The long-term trend has been DOWN since Oct 27th, 2021 at 13.58
The intermediate-term trend has been UP since Jan 13th, 2022 at 13.23
The short-term trend has been UP since Jan 13th, 2022 at 13.19
Smart Scan Analysis for SOPIX
Based on our trend formula, SOPIX is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||17.54||52wk High Date||2021-03-08|
|52wk Low||12.46||52wk Low Date||2021-12-27|
|Year End Close||12.64||Payment Date||2019-12-31|