Technical Analysis for UCO - ProShares Ultra DJ-AIG Crude Oil

Grade Last Price % Change Price Change
C 32.41 0.65% 0.21
UCO closed up 0.65 percent on Wednesday, March 27, 2024, on 42 percent of 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.
5 Watchers
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Up

Date Alert Name Type % Chg
180 Bullish Setup Bullish Swing Setup 0.00%
Stochastic Reached Overbought Strength 0.00%
Overbought Stochastic Strength 0.00%
Inside Day Range Contraction 0.65%
Gapped Up Strength -0.46%
Outside Day Range Expansion 1.98%
Overbought Stochastic Strength 1.98%
Down 3 Days in a Row Weakness 1.98%
Overbought Stochastic Strength 1.03%
Stochastic Sell Signal Bearish 0.43%

   Recent Intraday Alerts

Alert Time
60 Minute Opening Range Breakout about 16 hours ago
Possible NR7 about 17 hours ago
10 DMA Support about 21 hours ago
10 DMA Resistance about 22 hours ago
Fell Below Previous Day's Low about 22 hours ago

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Profile

The investment seeks to provide daily investment results (before fees and expenses) that correspond to twice the daily performance of the Bloomberg WTI Crude Oil SubindexSM. The “Ultra” Funds seek daily results that match (before fees and expenses) two times (2x) the daily performance of a benchmark. It does not seek to achieve their stated objective 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 Leveraged ETF Ultra ETF Petroleum Commodity Markets West Texas Intermediate World Oil Market Chronology From Crude Oil Futures Prices

Is UCO 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 37.11
52 Week Low 21.21
Average Volume 2,004,618
200-Day Moving Average 29.58
50-Day Moving Average 29.55
20-Day Moving Average 31.04
10-Day Moving Average 32.21
Average True Range 0.86
RSI (14) 62.12
ADX 21.5
+DI 29.37
-DI 18.62
Chandelier Exit (Long, 3 ATRs) 30.52
Chandelier Exit (Short, 3 ATRs) 31.52
Upper Bollinger Bands 33.54
Lower Bollinger Band 28.53
Percent B (%b) 0.77
BandWidth 16.12
MACD Line 0.89
MACD Signal Line 0.83
MACD Histogram 0.0604
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 33.08
Resistance 3 (R3) 33.01 32.71 32.97
Resistance 2 (R2) 32.71 32.54 32.75 32.93
Resistance 1 (R1) 32.56 32.44 32.64 32.63 32.89
Pivot Point 32.27 32.27 32.31 32.30 32.27
Support 1 (S1) 32.12 32.10 32.19 32.19 31.93
Support 2 (S2) 31.82 31.99 31.86 31.89
Support 3 (S3) 31.67 31.82 31.85
Support 4 (S4) 31.74