Technical Analysis for SCOM - ProShares UltraPro Short Communication Services Select Sector

Grade Last Price % Change Price Change
grade F 29.5166 -11.43% -3.81
SCOM closed down 11.43 percent on Monday, April 15, 2019, on 36 percent of normal volume. The bears made the stock sink to a new 52-week low. 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 N/A N/A Down
See historical SCOM trend table...

Date Alert Name Type % Chg
New 52 Week Closing Low Bearish 0.00%
Narrow Range Bar Range Contraction 0.00%
New 52 Week Low Weakness 0.00%
Wide Bands Range Expansion 0.00%
Below Lower BB Weakness 0.00%
Gapped Down Weakness 0.00%
Oversold Stochastic Weakness 0.00%
Pocket Pivot Bullish Swing Setup -11.43%
New 52 Week Low Weakness -11.43%
Outside Day Range Expansion -11.43%

Older signals for SCOM ...

Get a Trading Assistant

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.
Configure default chart indicators
Basic chart:

Profile
The investment seeks daily investment results, before fees and expenses, that correspond to three times the inverse (-3x) of the daily performance of the S&P Communication Services Select Sector Index (the "index"). The fund will invest principally in the financial instruments: derivatives and money market instruments. It will concentrate its investments in a particular industry or group of industries to approximately the same extent as the index is so concentrated. The index represents the communication services industry group of the S&P 500 Index. The fund is non-diversified.
Exchange Traded Funds Institutional Investors S&P 500 Index Cboe S&P 500 Index Communication Services Industry
Is SCOM 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, 1 bearish and 4 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 42.47
52 Week Low 29.5166
Average Volume 277
200-Day Moving Average 0.0
50-Day Moving Average 0.0
20-Day Moving Average 35.9785
10-Day Moving Average 33.8473
Average True Range 1.4614
ADX 0.0
+DI 26.709
-DI 63.3772
Chandelier Exit (Long, 3 ATRs ) 38.0858
Chandelier Exit (Short, 3 ATRs ) 33.9008
Upper Bollinger Band 42.1764
Lower Bollinger Band 29.7806
Percent B (%b) -0.02
BandWidth 34.453354
MACD Line -2.4434
MACD Signal Line -1.5374
MACD Histogram -0.906
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 29.52
Resistance 3 (R3) 29.52 29.52 29.52
Resistance 2 (R2) 29.52 29.52 29.52 29.52
Resistance 1 (R1) 29.52 29.52 29.52 29.52 29.52
Pivot Point 29.52 29.52 29.52 29.52 29.52
Support 1 (S1) 29.52 29.52 29.52 29.52 29.52
Support 2 (S2) 29.52 29.52 29.52 29.52
Support 3 (S3) 29.52 29.52 29.52
Support 4 (S4) 29.52