Stock Trend Analysis Report
Prepared for you on Saturday, January 22, 2022.
ProShares Ultra Russell2000 (PACF:UWM)
Strong Downtrend (-100) - UWM is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, UWM continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid UWM?
MarketClub looks at technical strength and momentum to determine if the timing is right for UWM.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for UWM
The long-term trend has been DOWN since Dec 1st, 2021 at 51.64
The intermediate-term trend has been DOWN since Jan 18th, 2022 at 49.63
The short-term trend has been DOWN since Jan 5th, 2022 at 55.48
Smart Scan Analysis for UWM
Based on our trend formula, UWM is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||89.24||Year High Date||2018-08-31|
|Year Low||61.291||Year Low Date||2018-02-09|
|52wk High||67.255||52wk High Date||2021-11-08|
|52wk Low||44.84||52wk Low Date||2022-01-20|
|Year End Close||45.52||Average Volume||626,495|