Stock Trend Analysis Report
Prepared for you on Sunday, February 17, 2019.
ProShares UltraShort Semiconductors (PACF:SSG)
Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 SSG
The long term trend has been DOWN since Feb 1st, 2019 at 16.51
The intermediate term trend has been DOWN since Jan 7th, 2019 at 19.22
The short term trend has been DOWN since Feb 12th, 2019 at 15.72
Smart Scan Analysis for SSG
Based on a pre-defined weighted trend formula for chart analysis, SSG scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||22.47||Year High Date||2018-10-29|
|Year Low||13.752||Year Low Date||2018-06-07|
|52wk High||22.48||52wk High Date||2017-12-05|
|52wk Low||13.752||52wk Low Date||2018-06-07|
|Year End Close||41.56||Average Volume||24,377|