Technical Analysis for MYY - ProShares Short MidCap400

Grade Last Price % Change Price Change
grade A 47.46 -0.54% -0.26
MYY closed down 0.54 percent on Tuesday, January 15, 2019, on 18 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. It was able to find support at its 50 day moving average. 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 Up Flat Down
See historical MYY trend table...

Date Alert Name Type % Chg
Jan 15 MACD Bearish Centerline Cross Bearish 0.00%
Jan 15 50 DMA Support Bullish 0.00%
Jan 15 Narrow Range Bar Range Contraction 0.00%
Jan 15 NR7 Range Contraction 0.00%
Jan 15 NR7-2 Range Contraction 0.00%
Jan 15 Strong but Oversold Other 0.00%
Jan 15 Strong, Oversold and Reversal Signs Reversal 0.00%
Jan 15 Oversold Stochastic Weakness 0.00%
Jan 14 Narrow Range Bar Range Contraction -0.54%
Jan 14 NR7 Range Contraction -0.54%

Older signals for MYY ...

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Profile
The investment seeks daily investment results that correspond to the inverse (-1x) of the daily performance of the S&P MidCap 400®. The fund invests in derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as the inverse (-1x) of the daily return of the index. The index is a measure of mid-size company U.S. stock market performance. It is a float-adjusted, market capitalization-weighted index of 400 U.S. operating companies and real estate investment trusts selected through a process that factors in criteria such as liquidity, price, market capitalization and financial viability. It is non-diversified.
Is MYY a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 2 bullish, 1 bearish and 2 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 53.57
52 Week Low 41.35
Average Volume 50,209
200-Day Moving Average 44.3705
50-Day Moving Average 47.4499
20-Day Moving Average 49.8145
10-Day Moving Average 48.688
Average True Range 0.8775
ADX 25.35
+DI 23.2342
-DI 29.092
Chandelier Exit (Long, 3 ATRs ) 50.9375
Chandelier Exit (Short, 3 ATRs ) 50.0525
Upper Bollinger Band 53.1508
Lower Bollinger Band 46.4782
Percent B (%b) 0.15
BandWidth 13.394895
MACD Line -0.0406
MACD Signal Line 0.4887
MACD Histogram -0.5293
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 47.93
Resistance 3 (R3) 47.96 47.85 47.85
Resistance 2 (R2) 47.85 47.73 47.83 47.82
Resistance 1 (R1) 47.65 47.66 47.60 47.62 47.80
Pivot Point 47.54 47.54 47.51 47.52 47.54
Support 1 (S1) 47.34 47.42 47.29 47.31 47.12
Support 2 (S2) 47.23 47.35 47.21 47.10
Support 3 (S3) 47.03 47.23 47.07
Support 4 (S4) 47.00