Technical Analysis for EFU - ProShares UltraShort MSCI EAFE

Grade Last Price % Change Price Change
C 8.27 1.94% 0.16
EFU closed up 1.94 percent on Tuesday, April 16, 2024, on 2.92 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 overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or a pulls back.
0 Watchers
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

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

Date Alert Name Type % Chg
Shooting Star Candlestick Bearish 0.00%
Lizard Bearish Bearish Day Trade Setup 0.00%
Pocket Pivot Bullish Swing Setup 0.00%
Narrow Range Bar Range Contraction 0.00%
Upper Bollinger Band Walk Strength 0.00%
Above Upper BB Strength 0.00%
Gapped Up Strength 0.00%
Overbought Stochastic Strength 0.00%
Up 3 Days in a Row Strength 0.00%
50 DMA Support Bullish 1.94%

   Recent Intraday Alerts

Alert Time
Gapped Up (Full) about 8 hours ago
Expansion Pivot Buy Entry about 8 hours ago
Rose Above Previous Day's High about 8 hours ago
2x Volume Pace about 8 hours ago
1.5x Volume Pace about 8 hours ago

Get a Trading Sidekick!

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.

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 EAFE 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 includes 85% of free float-adjusted, market capitalization in each industry group in developed market countries, excluding the U.S. and Canada. The fund is non-diversified.
Classification

Keywords: Exchange Traded Fund ETF MSCI EAFE Leveraged ETF Ultra ETF Inverse ETF Bear Market ETF

Is EFU 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 11.2214
52 Week Low 7.4979
Average Volume 6,618
200-Day Moving Average 9.03
50-Day Moving Average 7.92
20-Day Moving Average 7.72
10-Day Moving Average 7.85
Average True Range 0.14
RSI (14) 66.78
ADX 20.08
+DI 43.70
-DI 28.11
Chandelier Exit (Long, 3 ATRs) 7.89
Chandelier Exit (Short, 3 ATRs) 7.93
Upper Bollinger Bands 8.14
Lower Bollinger Band 7.30
Percent B (%b) 1.16
BandWidth 10.85
MACD Line 0.06
MACD Signal Line -0.03
MACD Histogram 0.0873
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 8.37
Resistance 3 (R3) 8.38 8.35 8.35
Resistance 2 (R2) 8.35 8.32 8.34 8.35
Resistance 1 (R1) 8.31 8.31 8.33 8.30 8.34
Pivot Point 8.28 8.28 8.29 8.28 8.28
Support 1 (S1) 8.24 8.25 8.26 8.23 8.19
Support 2 (S2) 8.21 8.24 8.21 8.19
Support 3 (S3) 8.17 8.21 8.18
Support 4 (S4) 8.16