Technical Analysis for EUO - ProShares UltraShort Euro

Grade Last Price % Change Price Change
grade F 24.5455 1.01% 0.25
EUO closed up 1.01 percent on Monday, August 3, 2020, on approximately 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 Flat
Historical EUO trend table...

Date Alert Name Type % Chg
Slingshot Bearish Bearish Swing Setup 0.00%
Doji - Bearish? Reversal 0.00%
Oversold Stochastic Weakness 0.00%
Lower Bollinger Band Walk Weakness 1.01%
New 52 Week Low Weakness 1.01%
Outside Day Range Expansion 1.01%
Oversold Stochastic Weakness 1.01%
New 52 Week Closing Low Bearish 2.27%
Lower Bollinger Band Walk Weakness 2.27%
New 52 Week Low Weakness 2.27%

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Profile

The investment seeks daily results that match (before fees and expenses) twice the inverse (-2x) of the daily performance of the U.S. Dollar price of the Euro. The “UltraShort” Funds seek daily results that match (before fees and expenses) two times the inverse (-2x) of the daily performance of a benchmark. The UltraShort Funds do not seek to achieve their stated objectives over a period greater than a single day.
Exchange Traded Fund ETF Exchange Traded Funds Leveraged ETF Ultra ETF Bear Market ETF Inverse ETF Silver Exchange Traded Product Inverse Exchange Traded Fund Fee

Is EUO 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 29.95
52 Week Low 23.9076
Average Volume 68,654
200-Day Moving Average 27.42
50-Day Moving Average 26.25
20-Day Moving Average 25.39
10-Day Moving Average 24.67
Average True Range 0.32
ADX 44.43
+DI 15.09
-DI 44.35
Chandelier Exit (Long, 3 ATRs ) 25.82
Chandelier Exit (Short, 3 ATRs ) 24.86
Upper Bollinger Band 27.00
Lower Bollinger Band 23.78
Percent B (%b) 0.24
BandWidth 12.65
MACD Line -0.62
MACD Signal Line -0.54
MACD Histogram -0.0799
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 24.95
Resistance 3 (R3) 24.93 24.78 24.88
Resistance 2 (R2) 24.78 24.67 24.79 24.86
Resistance 1 (R1) 24.66 24.61 24.58 24.68 24.84
Pivot Point 24.51 24.51 24.47 24.52 24.51
Support 1 (S1) 24.39 24.40 24.31 24.41 24.25
Support 2 (S2) 24.24 24.34 24.25 24.23
Support 3 (S3) 24.12 24.24 24.21
Support 4 (S4) 24.14