Technical Analysis for SDS - ProShares UltraShort S&P500

Grade Last Price % Change Price Change
C 25.97 -1.08% -0.28
SDS closed down 2.42 percent on Friday, May 3, 2024, on 1.21 times normal volume.
2 Watchers
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Flat Down

Date Alert Name Type % Chg
Fell Below 20 DMA Bearish -1.08%
MACD Bearish Signal Line Cross Bearish -1.08%
Doji - Bullish? Reversal -1.08%
Gapped Down Weakness -1.08%
Shooting Star Candlestick Bearish -3.47%
Gapped Down Weakness -3.47%
20 DMA Support Bullish -5.23%
New Uptrend Bullish -5.23%
Pocket Pivot Bullish Swing Setup -5.23%
20 DMA Support Bullish -4.53%

   Recent Intraday Alerts

Alert Time
Down 1% 31 minutes ago
50 DMA Resistance 37 minutes ago
Fell Below 50 DMA 37 minutes ago
Fell Below Previous Day's Low 37 minutes ago
2x Volume Pace 3 days ago

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Profile

The investment seeks daily investment results that correspond to two times the inverse (-2x) of the daily performance of the S&P 500®. The fund invests in derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as two times the inverse (-2x) of the daily return of the index. The index is a measure of large-cap U.S. stock market performance. It is a float-adjusted, market capitalization-weighted index of 500 U.S. operating companies and real estate investment trusts selected through a process. The fund is non-diversified.
Classification

Keywords: Exchange Traded Fund ETF Exchange Traded Funds Real Estate Investment Trust Inverse Exchange Traded Fund Leveraged ETF Ultra ETF S&P 500 Index CBOE Inverse ETF Bear Market ETF Capitalization Weighted Index Proshares

Is SDS 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 39.4356
52 Week Low 24.6901
Average Volume 10,216,420
200-Day Moving Average 30.63
50-Day Moving Average 26.04
20-Day Moving Average 26.65
10-Day Moving Average 26.87
Average True Range 0.66
RSI (14) 47.09
ADX 24.47
+DI 26.99
-DI 21.85
Chandelier Exit (Long, 3 ATRs) 26.07
Chandelier Exit (Short, 3 ATRs) 26.80
Upper Bollinger Bands 28.10
Lower Bollinger Band 25.20
Percent B (%b) 0.36
BandWidth 10.88
MACD Line 0.23
MACD Signal Line 0.28
MACD Histogram -0.0441
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 26.87
Resistance 3 (R3) 26.90 26.72 26.77
Resistance 2 (R2) 26.72 26.56 26.71 26.73
Resistance 1 (R1) 26.48 26.47 26.40 26.46 26.70
Pivot Point 26.31 26.31 26.26 26.29 26.31
Support 1 (S1) 26.07 26.15 25.98 26.04 25.80
Support 2 (S2) 25.90 26.05 25.88 25.77
Support 3 (S3) 25.66 25.90 25.73
Support 4 (S4) 25.63