Stock Trend Analysis Report
Prepared for you on Tuesday, April 7, 2020.
Procure ETF Trust II (NASDAQ:UFO)
Countertrend Down (-85) - UFO is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid UFO?
MarketClub looks at technical strength and momentum to determine if the timing is right for UFO.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for UFO
The long-term trend has been DOWN since Feb 27th, 2020 at 24.312
The intermediate-term trend has been DOWN since Feb 26th, 2020 at 25.528
The short-term trend has been UP since Apr 7th, 2020 at 16.812
Smart Scan Analysis for UFO
Based on our trend formula, UFO is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||29.03||52wk High Date||2020-02-20|
|52wk Low||14.21||52wk Low Date||2020-03-19|
|Average Volume||27,162||Shares Outstanding||525|