Stock Trend Analysis Report
Prepared for you on Tuesday, July 5, 2022.
MicroSectors U.S. Big Oil Index 3X Leveraged ETN (PACF:NRGU)
Long-Term Downtrend (-90) - NRGU is in a strong downtrend that is likely to continue. While NRGU 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 NRGU?
MarketClub looks at technical strength and momentum to determine if the timing is right for NRGU.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NRGU
The long-term trend has been DOWN since Jun 23rd, 2022 at 314.00
The intermediate-term trend has been DOWN since Jun 15th, 2022 at 528.18
The short-term trend has been DOWN since Jun 30th, 2022 at 341.27
Smart Scan Analysis for NRGU
Based on our trend formula, NRGU is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||797||52wk High Date||2022-06-08|
|52wk Low||85.89||52wk Low Date||2021-08-19|