Stock Trend Analysis Report
Prepared for you on Monday, September 28, 2020.
ProShares Short S&P500 (PACF:SH)
Crossroads (+60) - SH is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid SH?
MarketClub looks at technical strength and momentum to determine if the timing is right for SH.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SH
The long-term trend has been DOWN since May 28th, 2020 at 22.820
The intermediate-term trend has been UP since Sep 8th, 2020 at 20.520
The short-term trend has been UP since Sep 17th, 2020 at 20.335
Smart Scan Analysis for SH
Based on our trend formula, SH is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||31.765||Year High Date||2018-02-09|
|Year Low||27.08||Year Low Date||2018-10-03|
|52wk High||33.19||52wk High Date||2020-03-23|
|52wk Low||19.16||52wk Low Date||2020-09-02|
|Year End Close||34.03||Average Volume||12,668,033|