Mutual Trend Analysis Report
Prepared for you on Thursday, June 24, 2021.
PROFUNDS SHORT REAL ESTATE PROFUND INVESTOR CLASS (NASDAQ:SRPIX)
Long-Term Downtrend (-90) - SRPIX is in a strong downtrend that is likely to continue. While SRPIX is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SRPIX?
MarketClub looks at technical strength and momentum to determine if the timing is right for SRPIX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SRPIX
The long-term trend has been DOWN since Jun 3rd, 2020 at 11.78
The intermediate-term trend has been DOWN since May 24th, 2021 at 9.01
The short-term trend has been DOWN since Jun 21st, 2021 at 8.54
Smart Scan Analysis for SRPIX
Based on our trend formula, SRPIX is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||12.38||52wk High Date||2020-06-26|
|52wk Low||8.4||52wk Low Date||2021-06-14|
|Year End Close||10.59||Payment Date||2009-09-28|