Technical Analysis for UWM - ProShares Ultra Russell2000

Grade Last Price % Change Price Change
D 38.14 2.44% 0.91
UWM closed up 1.86 percent on Friday, May 3, 2024, on 1.15 times normal volume. It ran into resistance at its 50 day moving average.
2 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
50 DMA Resistance Bearish 2.44%
Pocket Pivot Bullish Swing Setup 2.44%
Gapped Up Strength 2.44%
Up 3 Days in a Row Strength 2.44%
Crossed Above 20 DMA Bullish 4.35%
Inside Day Range Contraction 4.35%
Gapped Up Strength 4.35%
20 DMA Resistance Bearish 8.29%
Pocket Pivot Bullish Swing Setup 8.29%
Outside Day Range Expansion 8.29%

   Recent Intraday Alerts

Alert Time
Gap Up Partially Closed about 3 hours ago
1.5x Volume Pace about 3 hours ago
Gapped Up (Partial) about 3 hours ago
Rose Above Previous Day's High about 3 hours ago
Rose Above 50 DMA about 3 hours ago

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Profile

The investment seeks daily investment results that correspond to two times (2x) the daily performance of the Russell 2000® Index. The fund invests in equity securities and derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as two times (2x) the daily return of the index. The index is a float-adjusted, market capitalization-weighted index containing approximately 2000 of the smallest companies in the Russell 3000® Index or approximately 8% of the total market capitalization of the Russell 3000® Index, which in turn represents approximately 98% of the investable U.S. equity market. It is non-diversified.
Classification

Keywords: Stock Market Index Capitalization Weighted Index Russell 2000 Index Russell 3000 Index

Top 10 Components

Symbol Grade Price % Change Allocation
SMCI D 5.88 1.30
MSTR D 5.90 0.57
FIX C 6.05 0.32
ELF D 1.68 0.29
ONTO A 3.15 0.28
WFRD B 2.06 0.27
CVNA A 1.65 0.26
LNW D 2.05 0.25
PR B 2.63 0.24
APG D 0.27 0.24

Is UWM 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 41.38
52 Week Low 25.0043
Average Volume 915,614
200-Day Moving Average 34.16
50-Day Moving Average 37.65
20-Day Moving Average 36.03
10-Day Moving Average 35.89
Average True Range 1.30
RSI (14) 53.70
ADX 14.87
+DI 27.80
-DI 23.34
Chandelier Exit (Long, 3 ATRs) 36.13
Chandelier Exit (Short, 3 ATRs) 37.47
Upper Bollinger Bands 38.85
Lower Bollinger Band 33.21
Percent B (%b) 0.71
BandWidth 15.65
MACD Line -0.43
MACD Signal Line -0.65
MACD Histogram 0.2164
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 38.82
Resistance 3 (R3) 38.90 38.45 38.56
Resistance 2 (R2) 38.45 38.05 38.41 38.47
Resistance 1 (R1) 37.84 37.79 37.62 37.76 38.38
Pivot Point 37.39 37.39 37.28 37.35 37.39
Support 1 (S1) 36.78 36.99 36.56 36.70 36.08
Support 2 (S2) 36.33 36.73 36.29 35.99
Support 3 (S3) 35.72 36.33 35.91
Support 4 (S4) 35.64