Technical Analysis for BZQ - ProShares UltraShort MSCI Brazil Capped

Grade Last Price % Change Price Change
grade F 15.74 -8.38% -1.44
BZQ closed down 8.38 percent on Friday, June 5, 2020, on 1.72 times normal volume. The bears made the stock sink to a new 52-week low. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Down Down
Historical BZQ trend table...

Date Alert Name Type % Chg
New 52 Week Closing Low Bearish 0.00%
Gilligan's Island Buy Setup Bullish Swing Setup 0.00%
Narrow Range Bar Range Contraction 0.00%
New 52 Week Low Weakness 0.00%
Wide Bands Range Expansion 0.00%
Gapped Down Weakness 0.00%
Oversold Stochastic Weakness 0.00%
Slingshot Bearish Bearish Swing Setup -8.38%
Stochastic Buy Signal Bullish -8.38%
Narrow Range Bar Range Contraction -8.38%

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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 MSCI Brazil 25/50 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 is a free-float-adjusted, market capitalization-weighted index that is designed to measure the equity market performance of the Brazilian market. The fund is non-diversified.
Exchange Traded Fund ETF Exchange Traded Funds Leveraged ETF Ultra ETF Msci Eafe Bear Market ETF Inverse ETF Capitalization Weighted Index

Is BZQ 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 54.99
52 Week Low 14.74
Average Volume 465,594
200-Day Moving Average 25.66
50-Day Moving Average 29.47
20-Day Moving Average 26.13
10-Day Moving Average 20.50
Average True Range 2.67
ADX 19.52
+DI 17.40
-DI 42.68
Chandelier Exit (Long, 3 ATRs ) 29.80
Chandelier Exit (Short, 3 ATRs ) 22.74
Upper Bollinger Band 38.82
Lower Bollinger Band 13.44
Percent B (%b) 0.09
BandWidth 97.12
MACD Line -3.89
MACD Signal Line -2.77
MACD Histogram -1.124
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 17.48
Resistance 3 (R3) 17.34 16.62 17.19
Resistance 2 (R2) 16.62 16.18 16.69 17.09
Resistance 1 (R1) 16.18 15.90 16.40 16.32 17.00
Pivot Point 15.46 15.46 15.57 15.53 15.46
Support 1 (S1) 15.02 15.02 15.24 15.16 14.48
Support 2 (S2) 14.30 14.74 14.37 14.39
Support 3 (S3) 13.86 14.30 14.29
Support 4 (S4) 14.00