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Stock Trend Analysis Report

Prepared for you on Tuesday, June 28, 2022.

iPath Pure Beta Crude Oil ETN (PACF:OIL)

Weak Downtrend (-65) - OIL is showing signs of a strengthening downtrend. Monitor OIL as it may be building momentum to the downside.

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

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

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

PACF_OIL
Open High Low OIL Price Change
35.2000 35.5000 34.3401 35.3050 +0.6850
Entry Signal

MarketClub’s Trade Triangles for OIL

long term up The long-term trend has been UP since Jan 12th, 2022 at 25.3000

intermediate term down The intermediate-term trend has been DOWN since Jun 22nd, 2022 at 35.3600

short term down The short-term trend has been DOWN since Jun 15th, 2022 at 37.5271

Smart Scan Analysis for OIL

Based on our trend formula, OIL is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for OIL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
35.2000 35.5000 34.3401 35.3050 +0.6850
Prev. Close Volume Bid Ask Time
35.3200 32339 2022-06-27 15:57:01
52wk High39.7452wk High Date2022-06-08
52wk Low18.7252wk Low Date2021-08-20
Average Volume100,444Shares Outstanding1,718
Assets106,177,800MLiabilities100,529,100M
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