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

Grade Last Price % Change Price Change
grade F 16.98 -3.52% -0.62
SCO closed down 0.17 percent on Monday, March 25, 2019, on approximately normal volume. 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 SCO trend table...

Date Alert Name Type % Chg
Mar 25 MACD Bullish Signal Line Cross Bullish -3.52%
Mar 25 Spinning Top Other -3.52%
Mar 25 Outside Day Range Expansion -3.52%
Mar 25 Oversold Stochastic Weakness -3.52%
Mar 22 Slingshot Bearish Bearish Swing Setup -3.69%
Mar 22 Lower Bollinger Band Walk Weakness -3.69%
Mar 22 Gapped Up Strength -3.69%
Mar 22 Oversold Stochastic Weakness -3.69%
Mar 21 Stochastic Buy Signal Bullish -0.76%
Mar 21 Lower Bollinger Band Walk Weakness -0.76%

Older signals for SCO ...

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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.
Exchange Traded Funds Futures Contract Petroleum Inverse Exchange Traded Fund Commodity Markets Economy Of Canada 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
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 33.2
52 Week Low 12.29
Average Volume 1,950,899
200-Day Moving Average 18.9339
50-Day Moving Average 19.8944
20-Day Moving Average 18.341
10-Day Moving Average 17.633
Average True Range 0.7721
ADX 11.98
+DI 25.7156
-DI 27.0125
Chandelier Exit (Long, 3 ATRs ) 18.0027
Chandelier Exit (Short, 3 ATRs ) 19.1163
Upper Bollinger Band 19.9571
Lower Bollinger Band 16.7249
Percent B (%b) 0.27
BandWidth 17.622812
MACD Line -0.8073
MACD Signal Line -0.8305
MACD Histogram 0.0232
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 18.62
Resistance 3 (R3) 18.66 18.36 18.45
Resistance 2 (R2) 18.36 18.10 18.34 18.39
Resistance 1 (R1) 17.98 17.94 17.83 17.94 18.34
Pivot Point 17.68 17.68 17.61 17.66 17.68
Support 1 (S1) 17.30 17.42 17.15 17.26 16.86
Support 2 (S2) 17.00 17.26 16.98 16.81
Support 3 (S3) 16.62 17.00 16.75
Support 4 (S4) 16.58