Technical Analysis for RWM - ProShares Short Russell2000

Grade Last Price % Change Price Change
grade A 41.7 -2.07% -0.88
RWM closed down 2.07 percent on Friday, August 16, 2019, on 43 percent of 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 Signals
ADX Long-Term Intermediate-Term Short-Term
Weak or Absent Up Up Flat
See historical RWM trend table...

Date Alert Name Type % Chg
Slingshot Bullish Bullish Swing Setup 0.00%
Overbought Stochastic Strength 0.00%
Pocket Pivot Bullish Swing Setup -2.07%
Upper Bollinger Band Walk Strength -2.07%
Overbought Stochastic Strength -2.07%
Upper Bollinger Band Touch Strength -2.07%
Crossed Above 200 DMA Bullish -1.65%
Stochastic Reached Overbought Strength -1.65%
Above Upper BB Strength -1.65%
Overbought Stochastic Strength -1.65%

Older signals for RWM ...

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Profile
The investment seeks daily investment results that correspond to the inverse (-1x) of the daily performance of the Russell 2000® Index. 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. It is a float-adjusted, market capitalization-weighted index containing approximately 2000 of the smallest companies in the Russell 3000® Index or approximately 8% of the total market capitalization of the Russell 3000® Index, which in turn represents approximately 98% of the investable U.S. equity market. The fund is non-diversified.
Stock Market Index Russell Indexes Capitalization Weighted Index Russell 2000 Price Return Usd Russell 2000 Index Russell 3000 Index Russell 3000 Cash (New York) Index
Is RWM a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 3 bullish, 0 bearish and 2 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 49.93
52 Week Low 36.82
Average Volume 493,195
200-Day Moving Average 41.468
50-Day Moving Average 40.5354
20-Day Moving Average 40.7815
10-Day Moving Average 41.649
Average True Range 0.744
ADX 23.45
+DI 26.5203
-DI 20.5889
Chandelier Exit (Long, 3 ATRs ) 40.558
Chandelier Exit (Short, 3 ATRs ) 41.222
Upper Bollinger Band 42.7693
Lower Bollinger Band 38.7937
Percent B (%b) 0.73
BandWidth 9.748538
MACD Line 0.4806
MACD Signal Line 0.3116
MACD Histogram 0.1691
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 42.80
Resistance 3 (R3) 42.91 42.67 42.61
Resistance 2 (R2) 42.67 42.39 42.61 42.55
Resistance 1 (R1) 42.18 42.22 42.06 42.07 42.49
Pivot Point 41.94 41.94 41.88 41.88 41.94
Support 1 (S1) 41.45 41.66 41.33 41.34 40.91
Support 2 (S2) 41.21 41.49 41.15 40.85
Support 3 (S3) 40.72 41.21 40.79
Support 4 (S4) 40.61