Mutual Trend Analysis Report
Prepared for you on Sunday, August 18, 2019.
ULTRA BEAR PROFUND INVESTOR SHARES (NASDAQ:URPIX)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for URPIX
The long term trend has been DOWN since Feb 15th, 2019 at 22.47
The intermediate term trend has been UP since Aug 1st, 2019 at 19.23
The short term trend has been UP since Aug 14th, 2019 at 20.39
Smart Scan Analysis for URPIX
Based on a pre-defined weighted trend formula for chart analysis, URPIX scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2018||52wk High Date||2018-12-24|
|52wk Low||18.62||52wk Low Date||2019-07-26|
|Year End Close||27.53|