Technical Analysis for EUO - ProShares UltraShort Euro

Grade Last Price % Change Price Change
D 23.0585 1.62% 0.37
EUO closed up 1.62 percent on Friday, February 26, 2021, on 1.5 times normal volume. The stock rose above its 50 day moving average, improving its intermediate-term outlook by crossing above that important trendline.

Trend Table & Recent EOD Signals

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

Date Alert Name Type % Chg
Crossed Above 20 DMA Bullish 0.00%
Crossed Above 50 DMA Bullish 0.00%
Pocket Pivot Bullish Swing Setup 0.00%
Gapped Up Strength 0.00%
Oversold Stochastic Weakness 0.00%
Stochastic Buy Signal Bullish 1.62%
Lower Bollinger Band Touch Weakness 1.62%
Oversold Stochastic Weakness 1.62%
50 DMA Resistance Bearish 1.62%
MACD Bearish Centerline Cross Bearish 1.62%
Older End-of-Day Signals for EUO ...

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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.
Classification

Keywords: Exchange Traded Fund ETF Exchange Traded Funds Leveraged ETF Ultra ETF Inverse ETF Bear Market ETF Inverse Exchange Traded Fund Silver Exchange Traded Product Rash

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 22.09
Average Volume 49,570
200-Day Moving Average 24.42
50-Day Moving Average 22.75
20-Day Moving Average 22.98
10-Day Moving Average 22.88
Average True Range 0.22
ADX 11.02
+DI 36.84
-DI 33.61
Chandelier Exit (Long, 3 ATRs ) 22.87
Chandelier Exit (Short, 3 ATRs ) 23.06
Upper Bollinger Band 23.40
Lower Bollinger Band 22.56
Percent B (%b) 0.6
BandWidth 3.63
MACD Line -0.01
MACD Signal Line 0.01
MACD Histogram -0.0221
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 23.43
Resistance 3 (R3) 23.39 23.23 23.37
Resistance 2 (R2) 23.23 23.13 23.25 23.35
Resistance 1 (R1) 23.14 23.07 23.18 23.18 23.33
Pivot Point 22.98 22.98 23.00 23.00 22.98
Support 1 (S1) 22.89 22.88 22.93 22.93 22.79
Support 2 (S2) 22.73 22.82 22.75 22.77
Support 3 (S3) 22.64 22.73 22.75
Support 4 (S4) 22.68