Stock Trend Analysis Report
Prepared for you on Monday, April 22, 2019.
ProShares Ultra 20+ Year Treasury (PACF:UBT)
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 UBT
The long term trend has been UP since Dec 19th, 2018 at 75.2611
The intermediate term trend has been DOWN since Apr 16th, 2019 at 78.0800
The short term trend has been DOWN since Apr 12th, 2019 at 79.2038
Smart Scan Analysis for UBT
Based on a pre-defined weighted trend formula for chart analysis, UBT scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||83.13||Year High Date||2018-01-02|
|Year Low||65||Year Low Date||2018-11-07|
|52wk High||79.64||52wk High Date||2019-01-03|
|52wk Low||65||52wk Low Date||2018-11-07|
|Year End Close||69.53||Average Volume||30,519|