Technical Analysis for GLL - ProShares UltraShort Gold

Grade Last Price % Change Price Change
B 36.98 -1.26% -0.47
GLL closed up 0.48 percent on Monday, March 1, 2021, on approximately normal volume. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a pullback should not be unexpected.

Trend Table & Recent EOD Signals

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

Date Alert Name Type % Chg
Upper Bollinger Band Walk Strength -1.26%
Above Upper BB Strength -1.26%
Overbought Stochastic Strength -1.26%
Up 3 Days in a Row Strength -1.26%
Up 4 Days in a Row Strength -1.26%
Up 5 Days in a Row Strength -1.26%
Upper Bollinger Band Touch Strength -1.26%
Expansion Breakout Bullish Swing Setup -0.78%
Pocket Pivot Bullish Swing Setup -0.78%
Volume Surge Other -0.78%
Older End-of-Day Signals for GLL ...

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
Down 1% 25 minutes ago
60 Minute Opening Range Breakdown about 1 hour ago
2x Volume Pace about 3 hours ago
1.5x Volume Pace about 3 hours ago
Fell Below Upper Bollinger Band about 3 hours ago
View Earlier Intraday Alerts

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Profile

The investment seeks to provide daily investment results (before fees and expenses) that correspond to twice (200%) the inverse (opposite) of the daily performance of gold bullion as measured by the U.S. Dollar p.m. fixing price for delivery in London. 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 Bullion

Is GLL 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 56.735
52 Week Low 27.18
Average Volume 90,804
200-Day Moving Average 33.22
50-Day Moving Average 33.03
20-Day Moving Average 34.37
10-Day Moving Average 35.34
Average True Range 0.93
ADX 22.68
+DI 42.88
-DI 16.39
Chandelier Exit (Long, 3 ATRs ) 34.79
Chandelier Exit (Short, 3 ATRs ) 34.78
Upper Bollinger Band 37.04
Lower Bollinger Band 31.69
Percent B (%b) 1.08
BandWidth 15.57
MACD Line 0.92
MACD Signal Line 0.64
MACD Histogram 0.2865
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 38.87
Resistance 3 (R3) 38.76 38.18 38.64
Resistance 2 (R2) 38.18 37.81 38.23 38.56
Resistance 1 (R1) 37.81 37.59 37.99 37.92 38.48
Pivot Point 37.23 37.23 37.32 37.28 37.23
Support 1 (S1) 36.86 36.86 37.05 36.98 36.42
Support 2 (S2) 36.28 36.64 36.33 36.34
Support 3 (S3) 35.92 36.28 36.26
Support 4 (S4) 36.03