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Mutual Trend Analysis Report

Prepared for you on Monday, October 19, 2020.

SHORT NASDAQ-100 PROFUND INVESTOR CLASS (NASDAQ:SOPIX)

Bear Market Rally (-75) - SOPIX is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SOPIX as it may be in the beginning 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.

NASDAQ_SOPIX
Open High Low SOPIX Price Change
18.73 18.73 18.73 18.80 +0.07
Entry Signal

MarketClub’s Trade Triangles for SOPIX

long term down The long-term trend has been DOWN since Apr 27th, 2020 at 26.69

intermediate term down The intermediate-term trend has been DOWN since Sep 30th, 2020 at 19.64

short term up The short-term trend has been UP since Oct 15th, 2020 at 18.59

Smart Scan Analysis for SOPIX

Based on our trend formula, SOPIX is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for SOPIX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
18.73 18.73 18.73 18.80 +0.07
Prev. Close Volume Bid Ask Time
18.73 0 18.80 18.80 2020-10-16 20:00:00
52wk High35.0152wk High Date2020-03-16
52wk Low7.8552wk Low Date2019-11-15
Year End Close29.8Payment Date2019-12-31
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