Mutual Trend Analysis Report
Prepared for you on Wednesday, January 27, 2021.
ULTRA NASDAQ-100 PROFUNDS INVESTOR CLASS (NASDAQ:UOPIX)
Bull Market Weakness (+75) - UOPIX is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on UOPIX as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid UOPIX?
MarketClub looks at technical strength and momentum to determine if the timing is right for UOPIX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for UOPIX
The long-term trend has been DOWN since Dec 14th, 2020 at 121.19
The intermediate-term trend has been UP since Jan 20th, 2021 at 78.94
The short-term trend has been UP since Jan 19th, 2021 at 77.33
Smart Scan Analysis for UOPIX
Based on our trend formula, UOPIX is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||162.2||52wk High Date||2020-12-08|
|52wk Low||53.59||52wk Low Date||2020-03-20|
|Year End Close||76.45|