Technical Analysis for EMTY - ProShares Decline of the Retail Store (Inverse) ETF

Grade Last Price % Change Price Change
grade F 28.6746 -0.99% -0.29
EMTY closed down 0.99 percent on Friday, August 14, 2020, on 36 percent of normal volume. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Strong Down Down Down
Historical EMTY trend table...

Date Alert Name Type % Chg
New Downtrend Bearish 0.00%
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 0.00%
Outside Day Range Expansion 0.00%
Oversold Stochastic Weakness 0.00%
Lower Bollinger Band Walk Weakness -0.99%
Outside Day Range Expansion -0.99%
Oversold Stochastic Weakness -0.99%
180 Bearish Setup Bearish Swing Setup -0.34%
Narrow Range Bar Range Contraction -0.34%
NR7 Range Contraction -0.34%

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Profile

The investment seeks capital appreciation from the decline of bricks and mortar retailers through short exposure (-1x) to the Solactive-ProShares Bricks and Mortar Retail Store Index (the "index"). The fund invests in financial and money market instruments that the Advisor believes, in combination, should have similar daily return characteristics as the inverse (-1x) of the daily return of the index. The index seeks to measure the performance of publicly traded "bricks and mortar" retail companies whose retail revenue is derived principally from in-store sales. The fund is non-diversified.
Exchange Traded Fund ETF Retail Marketing Bear Market ETF Inverse ETF Retailing Business Economics Merchandising Morningstar Mlp Composite Index Tr

Is EMTY 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 59.6
52 Week Low 28.53
Average Volume 42,219
200-Day Moving Average 36.72
50-Day Moving Average 31.10
20-Day Moving Average 30.04
10-Day Moving Average 29.48
Average True Range 0.67
ADX 25.06
+DI 14.29
-DI 32.86
Chandelier Exit (Long, 3 ATRs ) 29.94
Chandelier Exit (Short, 3 ATRs ) 30.53
Upper Bollinger Band 31.61
Lower Bollinger Band 28.48
Percent B (%b) 0.06
BandWidth 10.40
MACD Line -0.80
MACD Signal Line -0.72
MACD Histogram -0.0729
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 29.54
Resistance 3 (R3) 29.60 29.37 29.39
Resistance 2 (R2) 29.37 29.16 29.34 29.35
Resistance 1 (R1) 29.02 29.02 28.91 28.96 29.30
Pivot Point 28.80 28.80 28.74 28.77 28.80
Support 1 (S1) 28.45 28.58 28.34 28.39 28.05
Support 2 (S2) 28.23 28.44 28.19 28.00
Support 3 (S3) 27.88 28.23 27.96
Support 4 (S4) 27.81