Mutual Trend Analysis Report
Prepared for you on Tuesday, May 11, 2021.
ULTRABEAR PROFUND SERVICE SHS (NASDAQ:URPSX)
Long-Term Downtrend (-90) - URPSX is in a strong downtrend that is likely to continue. While URPSX 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 URPSX?
MarketClub looks at technical strength and momentum to determine if the timing is right for URPSX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for URPSX
The long-term trend has been DOWN since Apr 29th, 2020 at 52.28
The intermediate-term trend has been DOWN since Mar 11th, 2021 at 25.17
The short-term trend has been DOWN since May 6th, 2021 at 21.61
Smart Scan Analysis for URPSX
Based on our trend formula, URPSX is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||29.78||52wk High Date||2020-12-14|
|52wk Low||7.24||52wk Low Date||2020-12-08|
|Year End Close||28|