Technical Analysis for DDG - ProShares Short Oil & Gas

Grade Last Price % Change Price Change
F 19.6337 1.84% 0.35
DDG closed up 1.84 percent on Friday, February 26, 2021, on 4.58 times normal volume. The price action carved out a bearish shooting star candlestick pattern. That may indicate a downside reversal. Look for price to trade beneath the low of the shooting star for confirmation. 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 EOD Signals

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

Date Alert Name Type % Chg
Shooting Star Candlestick Bearish 0.00%
180 Bearish Setup Bearish Swing Setup 0.00%
Pocket Pivot Bullish Swing Setup 0.00%
Volume Surge Other 0.00%
Multiple of Ten Bearish Other 0.00%
Gapped Up Strength 0.00%
Oversold Stochastic Weakness 0.00%
New Downtrend Bearish 1.84%
Slingshot Bearish Bearish Swing Setup 1.84%
Pocket Pivot Bullish Swing Setup 1.84%
Older End-of-Day Signals for DDG ...

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Profile

The investment seeks daily investment results that correspond to the inverse (-1x) of the daily performance of the Dow Jones U.S. Oil & GasSM Index. The fund invests in derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as the inverse (-1x) of the daily return of the index. The index measures the performance of the oil and gas sector of the U.S. equity market. Component companies include, among others, exploration and production, integrated oil and gas, oil equipment and services, pipelines, renewable energy equipment companies and alternative fuel producers. The fund is non-diversified.
Classification

Keywords: Exchange Traded Fund ETF Exchange Traded Funds Oil And Gas Inverse ETF Bear Market ETF Inverse Exchange Traded Fund Wagering Integrated Oil Energy Equipment Alternative Fuel Oil And Gas Sector Dow Jones U.S. Oil & Gas Index Oil Equipment Renewable Energy Equipment

Top 10 Components

Symbol Grade Price % Change Allocation
XOM A -2.49 23.68
CVX A -2.30 17.84
COP A -1.92 5.83
SLB A -2.10 4.34
EOG B -8.54 4.05
PSX A -1.88 3.75
KMI C -3.86 3.40
OXY A -0.52 3.34
VLO A -1.50 3.06
MPC A -0.82 3.02
View All DDG Holdings

Is DDG 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 57.25
52 Week Low 18.85
Average Volume 4,131
200-Day Moving Average 28.39
50-Day Moving Average 22.88
20-Day Moving Average 21.36
10-Day Moving Average 20.12
Average True Range 0.58
ADX 24.46
+DI 33.34
-DI 43.68
Chandelier Exit (Long, 3 ATRs ) 22.70
Chandelier Exit (Short, 3 ATRs ) 20.60
Upper Bollinger Band 24.43
Lower Bollinger Band 18.30
Percent B (%b) 0.22
BandWidth 28.70
MACD Line -1.07
MACD Signal Line -0.94
MACD Histogram -0.1371
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 20.66
Resistance 3 (R3) 20.77 20.54 20.49
Resistance 2 (R2) 20.54 20.27 20.48 20.43
Resistance 1 (R1) 20.08 20.11 19.97 19.98 20.38
Pivot Point 19.85 19.85 19.79 19.80 19.85
Support 1 (S1) 19.40 19.59 19.28 19.29 18.89
Support 2 (S2) 19.16 19.42 19.11 18.83
Support 3 (S3) 18.71 19.16 18.78
Support 4 (S4) 18.60