Technical Analysis for SCO - ProShares UltraShort DJ-AIG Crude Oil

Grade Last Price % Change Price Change
grade F 15.75 -2.96% -0.48
SCO closed down 2.96 percent on Tuesday, October 20, 2020, on 1.13 times normal volume. It ran into resistance at its 50 day moving average. 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 EOD Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Down Down
Historical SCO trend table...

Date Alert Name Type % Chg
50 DMA Resistance Bearish 0.00%
Outside Day Range Expansion 0.00%
Oversold Stochastic Weakness 0.00%
Stochastic Buy Signal Bullish -2.96%
Narrow Range Bar Range Contraction -2.96%
Up 3 Days in a Row Strength -2.96%
Oversold Stochastic Weakness -2.96%
50 DMA Resistance Bearish -2.17%
Inside Day Range Contraction -2.17%
Oversold Stochastic Weakness -2.17%
Older End-of-Day Gignals for SCO ...

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

Alert Time
Down 3% about 5 hours ago
Outside Day about 6 hours ago
Down 2 % about 6 hours ago
Fell Below Previous Day's Low about 6 hours ago
60 Minute Opening Range Breakdown about 7 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 of the daily performance of the Bloomberg WTI Crude Oil SubindexSM. 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. The Bloomberg WTI Crude Oil SubindexSM is designed to track crude oil futures prices.
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Is SCO 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 67.35
52 Week Low 11.17
Average Volume 3,258,187
200-Day Moving Average 22.43
50-Day Moving Average 16.29
20-Day Moving Average 16.64
10-Day Moving Average 16.13
Average True Range 0.88
ADX 8.53
+DI 28.83
-DI 28.90
Chandelier Exit (Long, 3 ATRs ) 16.61
Chandelier Exit (Short, 3 ATRs ) 18.18
Upper Bollinger Band 18.14
Lower Bollinger Band 15.14
Percent B (%b) 0.2
BandWidth 18.00
MACD Line -0.21
MACD Signal Line -0.09
MACD Histogram -0.1176
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 17.00
Resistance 3 (R3) 17.06 16.72 16.79
Resistance 2 (R2) 16.72 16.40 16.68 16.72
Resistance 1 (R1) 16.23 16.20 16.06 16.17 16.65
Pivot Point 15.89 15.89 15.80 15.85 15.89
Support 1 (S1) 15.40 15.57 15.23 15.34 14.85
Support 2 (S2) 15.06 15.37 15.02 14.78
Support 3 (S3) 14.57 15.06 14.71
Support 4 (S4) 14.51