Stock Trend Analysis Report
Prepared for you on Thursday, February 20, 2020.
ProShares UltraPro Short S&P500 (PACF:SPXU)
Long-Term Downtrend (-90) - SPXU is in a strong downtrend that is likely to continue. While SPXU 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 SPXU?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPXU.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPXU
The long-term trend has been DOWN since Feb 13th, 2019 at 34.7900
The intermediate-term trend has been DOWN since Dec 12th, 2019 at 21.6401
The short-term trend has been DOWN since Feb 19th, 2020 at 17.2320
Smart Scan Analysis for SPXU
Based on our trend formula, SPXU is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||52.28||Year High Date||2018-02-09|
|Year Low||31.39||Year Low Date||2018-10-03|
|52wk High||42.76||52wk High Date||2019-01-14|
|52wk Low||19.04||52wk Low Date||2020-01-10|
|Year End Close||37.75||Average Volume||7,423,931|