Stock Trend Analysis Report
Prepared for you on Sunday, May 16, 2021.
ProShares Short S&P500 (PACF:SH)
Bear Market Rally (-75) - SH is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SH as it may be in the beginning of a reversal.
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 22.82
The intermediate-term trend has been UP since May 12th, 2021 at 16.17
The short-term trend has been DOWN since May 14th, 2021 at 15.97
Smart Scan Analysis for SH
Based on our trend formula, SH is rated as a -75 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||25.35||52wk High Date||2020-05-14|
|52wk Low||15.69||52wk Low Date||2021-05-10|
|Year End Close||34.03||Average Volume||8,683,855|