Technical Analysis for MZZ - ProShares UltraShort MidCap400

Grade Last Price % Change Price Change
grade F 15.82 0.57% 0.09
MZZ closed up 0.57 percent on Wednesday, September 18, 2019, on 4.42 times normal volume. The price action carved out a bearish shooting star candlestick pattern. That may indicate a downside reversal. Look for price to trade beneath the low of the shooting star for confirmation. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Weak or Absent Down Down Down
See historical MZZ trend table...

Date Alert Name Type % Chg
Shooting Star Candlestick Bearish 0.00%
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 0.00%
Pocket Pivot Bullish Swing Setup 0.00%
Volume Surge Other 0.00%
Doji - Bearish? Reversal 0.00%
Oversold Stochastic Weakness 0.00%
Narrow Range Bar Range Contraction 0.57%
Oversold Stochastic Weakness 0.57%
New 52 Week Closing Low Bearish 1.35%
180 Bearish Setup Bearish Swing Setup 1.35%

Older signals for MZZ ...

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Profile
The investment seeks daily investment results, before fees and expenses, that correspond to two times the inverse (-2x) 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 two times the inverse (-2x) 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. The fund is non-diversified.
Exchange Traded Funds S&P 500 Index Cboe Capitalization Weighted Index Inverse Exchange Traded Fund Real Estate Investment Trusts Market Capitalization Midcap
Is MZZ a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 0 bullish, 3 bearish and 2 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 26.08
52 Week Low 15.5427
Average Volume 6,557
200-Day Moving Average 17.781
50-Day Moving Average 16.6479
20-Day Moving Average 16.6985
10-Day Moving Average 15.978
Average True Range 0.3562
ADX 17.61
+DI 30.5443
-DI 39.0197
Chandelier Exit (Long, 3 ATRs ) 17.1514
Chandelier Exit (Short, 3 ATRs ) 16.6113
Upper Bollinger Band 18.2975
Lower Bollinger Band 15.0995
Percent B (%b) 0.23
BandWidth 19.151421
MACD Line -0.3643
MACD Signal Line -0.2173
MACD Histogram -0.1471
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 16.12
Resistance 3 (R3) 16.15 16.09 16.07
Resistance 2 (R2) 16.09 16.01 16.07 16.05
Resistance 1 (R1) 15.95 15.96 15.92 15.92 16.04
Pivot Point 15.89 15.89 15.87 15.87 15.89
Support 1 (S1) 15.75 15.81 15.72 15.72 15.60
Support 2 (S2) 15.69 15.76 15.67 15.59
Support 3 (S3) 15.55 15.69 15.57
Support 4 (S4) 15.52