Technical Analysis for SKF - ProShares UltraShort Financials

Grade Last Price % Change Price Change
D 12.58 -2.26% -0.29
SKF closed down 2.26 percent on Monday, May 6, 2024, on 26 percent of normal volume. The stock fell below its 50 day moving average, damaging its intermediate-term outlook by crossing under that important trendline.
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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 0.00%
Fell Below 50 DMA Bearish 0.00%
MACD Bearish Signal Line Cross Bearish 0.00%
Down 3 Days in a Row Weakness 0.00%
Gapped Down Weakness 0.00%
20 DMA Support Bullish -2.26%
Gapped Down Weakness -2.26%
20 DMA Support Bullish -3.02%
Outside Day Range Expansion -3.02%
Up 3 Days in a Row Strength -3.02%

   Recent Intraday Alerts

Alert Time
60 Minute Opening Range Breakdown about 4 hours ago
Possible NR7 about 4 hours ago
Gapped Down (Full) about 8 hours ago
Fell Below Previous Day's Low about 8 hours ago
Down 1% about 8 hours ago

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Profile

The investment seeks daily investment results, before fees and expenses, that correspond to two times the inverse (-2x) of the daily performance of the Dow Jones U.S. FinancialsSM Index. 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 measures the performance of the financial services sector of the U.S. equity market. The fund is non-diversified.
Classification

Keywords: Exchange Traded Fund ETF Leveraged ETF Ultra ETF Inverse ETF Bear Market ETF

Top 10 Components

Symbol Grade Price % Change Allocation
BRK.A D 0.96 7.56
JPM B 0.78 7.27
V D 1.56 5.88
MA D 1.31 4.83
BAC B 1.18 4.46
WFC B 0.42 3.19
C A 2.10 2.98
AMT D -1.68 1.74
AXP B 1.54 1.49
GS A 1.25 1.34

Is SKF 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 20.8877
52 Week Low 11.77
Average Volume 37,508
200-Day Moving Average 15.49
50-Day Moving Average 12.60
20-Day Moving Average 12.84
10-Day Moving Average 12.73
Average True Range 0.26
RSI (14) 45.95
ADX 17.39
+DI 26.18
-DI 26.28
Chandelier Exit (Long, 3 ATRs) 12.70
Chandelier Exit (Short, 3 ATRs) 12.79
Upper Bollinger Bands 13.47
Lower Bollinger Band 12.20
Percent B (%b) 0.3
BandWidth 9.87
MACD Line 0.05
MACD Signal Line 0.06
MACD Histogram -0.0072
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 12.79
Resistance 3 (R3) 12.81 12.77 12.76
Resistance 2 (R2) 12.77 12.71 12.76 12.74
Resistance 1 (R1) 12.67 12.68 12.65 12.65 12.73
Pivot Point 12.63 12.63 12.61 12.61 12.63
Support 1 (S1) 12.53 12.57 12.51 12.51 12.43
Support 2 (S2) 12.49 12.54 12.47 12.41
Support 3 (S3) 12.39 12.49 12.40
Support 4 (S4) 12.37