Stock Trend Analysis Report
Prepared for you on Wednesday, January 23, 2019.
ProShares UltraShort Industrials (PACF:SIJ)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for SIJ
The long term trend has been UP since Oct 23rd, 2018 at 17.250
The intermediate term trend has been DOWN since Jan 7th, 2019 at 18.931
The short term trend has been DOWN since Jan 4th, 2019 at 19.890
Smart Scan Analysis for SIJ
Based on a pre-defined weighted trend formula for chart analysis, SIJ scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||19.18||Year High Date||2018-10-30|
|Year Low||13.48||Year Low Date||2018-10-05|
|52wk High||19.18||52wk High Date||2018-10-30|
|52wk Low||13.48||52wk Low Date||2018-10-05|
|Year End Close||27.63||Average Volume||6,704|