Technical Analysis for SCO - ProShares UltraShort DJ-AIG Crude Oil

Grade Last Price % Change Price Change
D 15.93 0.57% 0.09
SCO closed up 0.57 percent on Friday, April 19, 2024, on approximately normal volume. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or a pulls back.
2 Watchers
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Down Down Up

Date Alert Name Type % Chg
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 0.00%
Stochastic Reached Overbought Strength 0.00%
Weak + Overbought Other 0.00%
Inside Day Range Contraction 0.00%
Overbought Stochastic Strength 0.00%
Up 3 Days in a Row Strength 0.00%
Up 4 Days in a Row Strength 0.00%
Up 3 Days in a Row Strength 0.57%
Crossed Above 20 DMA Bullish 1.46%
Gapped Up Strength 1.46%

   Recent Intraday Alerts

Alert Time
Possible Inside Day about 21 hours ago
Down 1% about 22 hours ago
60 Minute Opening Range Breakdown 1 day ago
60 Minute Opening Range Breakdown 2 days ago
Up 1% 2 days ago

Get a Trading Assistant

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.

Profile

The investment seeks to provide daily investment results (before fees and expenses) that correspond to twice (200%) the inverse of the daily performance of the Bloomberg WTI Crude Oil SubindexSM. The “UltraShort” Funds seek daily results that match (before fees and expenses) two times the inverse (-2x) of the daily performance of a benchmark. The UltraShort Funds do not seek to achieve their stated objectives over a period greater than a single day. The Bloomberg WTI Crude Oil SubindexSM is designed to track crude oil futures prices.
Classification

Keywords: Exchange Traded Fund ETF Exchange Traded Funds Inverse Exchange Traded Fund Leveraged ETF Ultra ETF Inverse ETF Bear Market ETF Petroleum Commodity Markets West Texas Intermediate World Oil Market Chronology From Crude Oil Futures Prices

Is SCO a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 30.012
52 Week Low 14.445
Average Volume 2,340,779
200-Day Moving Average 18.65
50-Day Moving Average 16.81
20-Day Moving Average 15.53
10-Day Moving Average 15.26
Average True Range 0.46
RSI (14) 50.25
ADX 26.15
+DI 25.40
-DI 26.22
Chandelier Exit (Long, 3 ATRs) 15.35
Chandelier Exit (Short, 3 ATRs) 15.82
Upper Bollinger Bands 16.66
Lower Bollinger Band 14.41
Percent B (%b) 0.68
BandWidth 14.46
MACD Line -0.40
MACD Signal Line -0.57
MACD Histogram 0.1716
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 16.35
Resistance 3 (R3) 16.31 16.13 16.28
Resistance 2 (R2) 16.13 16.02 16.15 16.25
Resistance 1 (R1) 16.03 15.96 16.08 16.07 16.23
Pivot Point 15.85 15.85 15.88 15.87 15.85
Support 1 (S1) 15.75 15.75 15.80 15.79 15.63
Support 2 (S2) 15.57 15.68 15.59 15.61
Support 3 (S3) 15.47 15.57 15.58
Support 4 (S4) 15.51