Country Icon

ProShares Short Real Estate (REK) - Buy, Sell or Hold?

Trade DateCurrent Candlestick PatternPrevious Candlestick PatternWhenPerformance Since
Fri, 17 Nov 2017NoneBearish EngulfingThu, 16 Nov 20170.57%
***Stock database and scans are updated around midnight (New York time) every trading day.
15.81 0.00 (0%) Nov 17 4:00pm EDT
Open: 15.76 Range: 15.76 - 15.82 Vol: 13.51K Avg Vol: 7.1K
EPS: 0.00 P/E ratio: 0.00 EBITDA: N/A Mkt Cap: N/A
Analyze "REK" - FREE 30 Day Trial of Market Analyst 7
Short Term: Trend is Up
Last Trade is above the 5 day moving average at 15.74
Medium Term: Trend is Down
Last Trade is below the 20 day moving average at 16.00
Last Trade is below the 50 day moving average at 16.07
Long Term: Trend is Down
Last Trade is below the 200 day moving average at 16.50
* Data normalized for Splits & Dividends. Report data issues
How to use this info: Stock Timing With Moving Averages
Daily Chart of REK

ETF Trend Analysis - Buy, Sell or Hold "ProShares Short Real Estate" (REK)?

REK is in a very strong downtrend. For the last 52 weeks, REK has maintained to stay firmly below the 200 day moving average for 87% of the time. Rallies will be sold into until the downtrend reverses. For the medium term, the 50 day moving average is generally in a trading range with a bearish downward bias. The 20 day moving average is also showing some signs of weakness as REK has been trading below its 20 SMA for 57.5% of the time in the last 8 weeks. As REK is in a downtrend characterized by the 200 SMA, currently at 16.50, the most likely scenario is that rallies will be sold into until the 200 SMA is convincingly taken out. Technically, there is very little reason to recommend a buy on this counter, although REK may get a short term oversold bounce around here. Click here for the latest support & resistance levels to help you finetune your entry into or exit out of "REK".
Objective Technical Analysis by BannRonn TA LogicEngine ver 1.1. Last Updated - Fri, 17 Nov 2017
Exchange Traded Funds Above 200 Day Moving Average
TickerNameTrend AnalysisSupport/Resistance