Technical Analysis for SSG - ProShares UltraShort Semiconductors
| Grade | Last Price | % Change | Price Change |
|---|---|---|---|
| F | 12.55 | -5.78% | -0.77 |
SSG closed down 5.78 percent on Friday, May 3, 2024, on 53 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.
| ADX | Long Term | Intermediate Term | Short Term |
|---|---|---|---|
| Weak or Absent | Down | Down | Down |
| Date | Alert Name | Type | % Chg |
|---|---|---|---|
| Fell Below 50 DMA | Bearish | 0.00% | |
| MACD Bearish Centerline Cross | Bearish | 0.00% | |
| NR7 | Range Contraction | 0.00% | |
| Narrow Range Bar | Range Contraction | 0.00% | |
| Gapped Down | Weakness | 0.00% | |
| Fell Below 20 DMA | Bearish | -5.78% | |
| MACD Bearish Signal Line Cross | Bearish | -5.78% | |
| Inside Day | Range Contraction | -5.78% | |
| Gapped Down | Weakness | -5.78% | |
| Crossed Above 20 DMA | Bullish | -10.42% |
| Alert | Time |
|---|---|
| 60 Minute Opening Range Breakdown | 3 days ago |
| Possible NR7 | 3 days ago |
| Gapped Down (Full) | 3 days ago |
| 2x Volume Pace | 3 days ago |
| 1.5x Volume Pace | 3 days ago |
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Basic chart:
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. SemiconductorsSM 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 semiconductor sub-sector of the U.S. equity market. The fund is non-diversified.
Keywords: Exchange Traded Fund ETF Exchange Traded Funds Inverse Exchange Traded Fund Leveraged ETF Ultra ETF Semiconductor Inverse ETF Bear Market ETF Silver Exchange Traded Product Wagering Proshares Dow Jones U.S. Semiconductors Total Return Index
Classification
Keywords: Exchange Traded Fund ETF Exchange Traded Funds Inverse Exchange Traded Fund Leveraged ETF Ultra ETF Semiconductor Inverse ETF Bear Market ETF Silver Exchange Traded Product Wagering Proshares Dow Jones U.S. Semiconductors Total Return Index
| Indicator | Bull Case | Neutral / Hold | Bear Case |
|---|---|---|---|
| 50 DMA | |||
| 200 DMA | |||
| ADX Trend | |||
| Oversold / Overbought | |||
| Relative Strength |
| Indicator | Value |
|---|---|
| 52 Week High | 67.275 |
| 52 Week Low | 10.828 |
| Average Volume | 70,919 |
| 200-Day Moving Average | 26.27 |
| 50-Day Moving Average | 13.05 |
| 20-Day Moving Average | 13.42 |
| 10-Day Moving Average | 13.54 |
| Average True Range | 0.92 |
| RSI (14) | 44.13 |
| ADX | 21.06 |
| +DI | 27.84 |
| -DI | 25.75 |
| Chandelier Exit (Long, 3 ATRs) | 13.24 |
| Chandelier Exit (Short, 3 ATRs) | 14.51 |
| Upper Bollinger Bands | 15.28 |
| Lower Bollinger Band | 11.57 |
| Percent B (%b) | 0.26 |
| BandWidth | 27.58 |
| MACD Line | -0.04 |
| MACD Signal Line | 0.03 |
| MACD Histogram | -0.0724 |
| Pivot Point Level | Traditional / Classic | Fibonacci | Demark | Woodie | Camarilla |
|---|---|---|---|---|---|
| Resistance 4 (R4) | 13.17 | ||||
| Resistance 3 (R3) | 13.22 | 13.07 | 13.07 | ||
| Resistance 2 (R2) | 13.07 | 12.92 | 13.05 | 13.03 | |
| Resistance 1 (R1) | 12.81 | 12.82 | 12.74 | 12.76 | 13.00 |
| Pivot Point | 12.66 | 12.66 | 12.62 | 12.63 | 12.66 |
| Support 1 (S1) | 12.40 | 12.50 | 12.32 | 12.34 | 12.10 |
| Support 2 (S2) | 12.25 | 12.41 | 12.22 | 12.07 | |
| Support 3 (S3) | 11.99 | 12.25 | 12.03 | ||
| Support 4 (S4) | 11.93 |
