Technical Analysis for SDOW - UltraPro Short Dow30

Grade Last Price % Change Price Change
D 17.07 -1.33% -0.23
SDOW closed down 1.33 percent on Monday, May 6, 2024, on 74 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. The stock fell below its 50 day moving average, damaging its intermediate-term outlook by crossing under that important trendline. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or bounces.
3 Watchers
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Down Flat Down

Date Alert Name Type % Chg
Fell Below 50 DMA Bearish 0.00%
NR7 Range Contraction 0.00%
Narrow Range Bar Range Contraction 0.00%
Doji - Bullish? Reversal 0.00%
Stochastic Reached Oversold Weakness 0.00%
Down 3 Days in a Row Weakness 0.00%
Down 4 Days in a Row Weakness 0.00%
Gapped Down Weakness 0.00%
Oversold Stochastic Weakness 0.00%
Fell Below 20 DMA Bearish -1.33%

   Recent Intraday Alerts

Alert Time
60 Minute Opening Range Breakout about 7 hours ago
50 DMA Support about 8 hours ago
50 DMA Resistance about 8 hours ago
Fell Below 50 DMA about 9 hours ago
Fell Below Previous Day's Low about 9 hours ago

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Profile

The investment seeks daily investment results, before fees and expenses, that correspond to three times the inverse (-3x) of the daily performance of the Dow Jones Industrial AverageSM. The fund invests in derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as three times the inverse (-3x) of the daily return of the index. The index is a price-weighted index maintained by editors of The Wall Street Journal. The index includes 30 large-cap, "blue-chip" U.S. stocks, excluding utility and transportation companies. The fund is non-diversified.
Classification

Keywords: Exchange Traded Fund ETF Exchange Traded Funds Inverse Exchange Traded Fund Leveraged ETF Ultra ETF Inverse ETF Bear Market ETF Proshares Dow Jones Industrial Average Index Dow Jones Industrial Average The Wall Street Journal

Is SDOW 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 28.4316
52 Week Low 15.585
Average Volume 11,902,792
200-Day Moving Average 20.38
50-Day Moving Average 17.10
20-Day Moving Average 17.89
10-Day Moving Average 17.77
Average True Range 0.56
RSI (14) 43.82
ADX 25.62
+DI 23.25
-DI 21.61
Chandelier Exit (Long, 3 ATRs) 17.04
Chandelier Exit (Short, 3 ATRs) 18.37
Upper Bollinger Bands 18.88
Lower Bollinger Band 16.90
Percent B (%b) 0.09
BandWidth 11.08
MACD Line 0.15
MACD Signal Line 0.27
MACD Histogram -0.12
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 17.45
Resistance 3 (R3) 17.48 17.38 17.39
Resistance 2 (R2) 17.38 17.28 17.37 17.37
Resistance 1 (R1) 17.22 17.22 17.18 17.20 17.35
Pivot Point 17.13 17.13 17.10 17.11 17.13
Support 1 (S1) 16.97 17.03 16.92 16.94 16.79
Support 2 (S2) 16.87 16.97 16.86 16.77
Support 3 (S3) 16.72 16.87 16.75
Support 4 (S4) 16.69