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

Grade Last Price % Change Price Change
F 10.13 4.97% 0.48
SCO closed up 4.97 percent on Friday, January 15, 2021, on 72 percent of normal volume. 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 EOD Signals

ADX Long Term Intermediate Term Short Term
Strong Down Down Down
Historical SCO trend table...

Date Alert Name Type % Chg
Multiple of Ten Bullish Other 0.00%
Oversold Stochastic Weakness 0.00%
New 52 Week Closing Low Bearish 4.97%
Lower Bollinger Band Walk Weakness 4.97%
New 52 Week Low Weakness 4.97%
Oversold Stochastic Weakness 4.97%
Lower Bollinger Band Walk Weakness 2.53%
New 52 Week Low Weakness 2.53%
Multiple of Ten Bearish Other 2.53%
Lower Bollinger Band Touch Weakness 2.53%
Older End-of-Day Signals for SCO ...

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

Alert Time
Up 5% 2 days ago
Up 1 ATR 2 days ago
Rose Above Previous Day's High 2 days ago
Gapped Up (Partial) 2 days ago
1.5x Volume Pace 2 days 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.
Classification

Keywords: Exchange Traded Fund ETF Exchange Traded Funds Leveraged ETF Ultra ETF Inverse ETF Bear Market ETF Petroleum Inverse Exchange Traded Fund Commodity Markets Rash Benchmark Indian Basket West Texas Intermediate Crude Oil Futures Prices World Oil Market Chronology From

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 9.63
Average Volume 3,551,394
200-Day Moving Average 19.94
50-Day Moving Average 12.94
20-Day Moving Average 11.09
10-Day Moving Average 10.41
Average True Range 0.47
ADX 41.78
+DI 13.19
-DI 38.66
Chandelier Exit (Long, 3 ATRs ) 10.96
Chandelier Exit (Short, 3 ATRs ) 11.04
Upper Bollinger Band 12.72
Lower Bollinger Band 9.46
Percent B (%b) 0.21
BandWidth 29.42
MACD Line -0.87
MACD Signal Line -0.84
MACD Histogram -0.0352
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 10.68
Resistance 3 (R3) 10.65 10.45 10.59
Resistance 2 (R2) 10.45 10.31 10.46 10.55
Resistance 1 (R1) 10.29 10.22 10.37 10.31 10.52
Pivot Point 10.09 10.09 10.13 10.10 10.09
Support 1 (S1) 9.93 9.95 10.01 9.95 9.74
Support 2 (S2) 9.72 9.86 9.73 9.71
Support 3 (S3) 9.56 9.72 9.68
Support 4 (S4) 9.58