Stock Trend Analysis Report
Prepared for you on Saturday, October 19, 2019.
ProShares UltraShort MSCI Emerging Markets (PACF:EEV)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend 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 EEV
The long term trend has been UP since May 9th, 2019 at 45.55
The intermediate term trend has been DOWN since Oct 11th, 2019 at 42.26
The short term trend has been DOWN since Oct 7th, 2019 at 44.75
Smart Scan Analysis for EEV
Based on a pre-defined weighted trend formula for chart analysis, EEV scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||58.67500000||Year High Date||2018-10-29|
|Year Low||34.10000000||Year Low Date||2018-01-26|
|52wk High||58.67500000||52wk High Date||2018-10-29|
|52wk Low||38.68000000||52wk Low Date||2019-04-17|
|Year End Close||21.18000000||Average Volume||16,359|