Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Friday, May 24, 2024.

ProShares UltraShort Euro (PACF:EUO)

Sidelines Mode (+55) - EUO is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid EUO?

MarketClub looks at technical strength and momentum to determine if the timing is right for EUO.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

PACF_EUO
Open High Low EUO Price Change
30.810 31.100 30.810 31.100 +0.115
Entry Signal

MarketClub’s Trade Triangles for EUO

long term up The long-term trend has been UP since Apr 1st, 2024 at 31.22

intermediate term down The intermediate-term trend has been DOWN since May 13th, 2024 at 31.12

short term up The short-term trend has been UP since May 22nd, 2024 at 30.83

Smart Scan Analysis for EUO

Based on our trend formula, EUO is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for EUO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
30.810 31.100 30.810 31.100 +0.115
Prev. Close Volume Bid Ask Time
31.100 23970 2024-05-23 15:59:46
Year High25.02Year High Date2018-11-12
Year Low19.46Year Low Date2018-01-25
52wk High32.1652wk High Date2023-10-03
52wk Low27.4452wk Low Date2023-07-17
Year End Close19.01Average Volume18,784
Shares Outstanding2,000Assets4,793M
Beta-1.18000000Volatility14.14
Get a free daily analysis and signals for ProShares UltraShort Euro (EUO) - Request Your Free Report.