Technical Analysis for REW - ProShares UltraShort Technology

Grade Last Price % Change Price Change
grade F 9.905 3.07% 0.30
REW closed down 4.1 percent on Thursday, March 21, 2019, on 56 percent of normal volume. The bears made the stock sink to a new 52-week low. 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 Down
See historical REW trend table...

Date Alert Name Type % Chg
Mar 21 New 52 Week Closing Low Bearish 3.18%
Mar 21 Expansion Breakdown Bearish Swing Setup 3.18%
Mar 21 Lower Bollinger Band Walk Weakness 3.18%
Mar 21 New 52 Week Low Weakness 3.18%
Mar 21 Multiple of Ten Bearish Other 3.18%
Mar 21 Below Lower BB Weakness 3.18%
Mar 21 Down 3 Days in a Row Weakness 3.18%
Mar 21 Down 4 Days in a Row Weakness 3.18%
Mar 21 Down 5 Days in a Row Weakness 3.18%
Mar 21 Lower Bollinger Band Touch Weakness 3.18%

Older signals for REW ...

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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 Dow Jones U.S. TechnologySM Index. 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 measures the performance of the technology sector of the U.S. equity market. The fund is non-diversified.
Exchange Traded Funds Financial Law Silver Exchange Traded Product Derivative Proshare Wagering Technology Sector Dow Jones Us Technology Software Index
Is REW 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, 4 bearish and 1 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 17.11
52 Week Low 9.6
Average Volume 16,566
200-Day Moving Average 12.1719
50-Day Moving Average 11.6438
20-Day Moving Average 10.5829
10-Day Moving Average 10.3109
Average True Range 0.2871
ADX 29.87
+DI 14.5403
-DI 43.1529
Chandelier Exit (Long, 3 ATRs ) 10.5587
Chandelier Exit (Short, 3 ATRs ) 10.4613
Upper Bollinger Band 11.3549
Lower Bollinger Band 9.8109
Percent B (%b) -0.14
BandWidth 14.589574
MACD Line -0.4768
MACD Signal Line -0.4465
MACD Histogram -0.0303
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 10.26
Resistance 3 (R3) 10.33 10.19 10.15
Resistance 2 (R2) 10.19 10.02 10.15 10.11
Resistance 1 (R1) 9.89 9.91 9.82 9.82 10.08
Pivot Point 9.75 9.75 9.71 9.71 9.75
Support 1 (S1) 9.45 9.58 9.38 9.38 9.12
Support 2 (S2) 9.31 9.47 9.27 9.09
Support 3 (S3) 9.01 9.31 9.05
Support 4 (S4) 8.94