Technical Analysis for DDG - ProShares Short Oil & Gas

Grade Last Price % Change Price Change
grade A 25.7308 1.98% 0.50
DDG closed up 1.98 percent on Friday, December 14, 2018, on 3.85 times normal volume. The bulls were able to push the stock to a new 52-week high. 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.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Weak or Absent Up Up Up
See historical DDG trend table...

Date Alert Name Type % Chg
Dec 14 Shooting Star Candlestick Bearish 0.00%
Dec 14 Reversal New Highs Setup Bullish Swing Setup 0.00%
Dec 14 Volume Surge Other 0.00%
Dec 14 Wide Range Bar Range Expansion 0.00%
Dec 14 New 52 Week High Strength 0.00%
Dec 14 Outside Day Range Expansion 0.00%
Dec 14 Upper Bollinger Band Touch Strength 0.00%
Dec 13 Narrow Range Bar Range Contraction 1.98%
Dec 13 NR7 Range Contraction 1.98%
Dec 13 Gapped Up Strength 1.98%

Older 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.
Is DDG a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 3 bullish, 0 bearish and 2 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 27.7
52 Week Low 20.6
Average Volume 2,012
200-Day Moving Average 22.531
50-Day Moving Average 23.0195
20-Day Moving Average 24.586
10-Day Moving Average 25.1601
Average True Range 1.1359
ADX 17.34
+DI 40.5879
-DI 25.4837
Chandelier Exit (Long, 3 ATRs ) 24.2923
Chandelier Exit (Short, 3 ATRs ) 24.4177
Upper Bollinger Band 26.3006
Lower Bollinger Band 22.8714
Percent B (%b) 0.83
BandWidth 13.947775
MACD Line 0.6883
MACD Signal Line 0.6614
MACD Histogram 0.0268
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 29.74
Resistance 3 (R3) 29.95 28.82 29.07
Resistance 2 (R2) 28.82 27.80 28.72 28.85
Resistance 1 (R1) 27.28 27.17 28.05 27.07 28.62
Pivot Point 26.15 26.15 26.54 26.05 26.15
Support 1 (S1) 24.61 25.13 25.38 24.40 22.84
Support 2 (S2) 23.48 24.50 23.38 22.62
Support 3 (S3) 21.94 23.48 22.39
Support 4 (S4) 21.73