Technical Analysis for SDD - ProShares UltraShort SmallCap600

Grade Last Price % Change Price Change
grade F 8.25 -3.17% -0.27
SDD closed down 3.17 percent on Friday, August 7, 2020, on 76 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 Down Down Down
Historical SDD trend table...

Date Alert Name Type % Chg
New 52 Week Closing Low Bearish 0.00%
Stochastic Buy Signal Bullish 0.00%
New 52 Week Low Weakness 0.00%
Oversold Stochastic Weakness 0.00%
New 52 Week Low Weakness -3.17%
Oversold Stochastic Weakness -3.17%
New 52 Week Closing Low Bearish -2.48%
New 52 Week Low Weakness -2.48%
Down 3 Days in a Row Weakness -2.48%
Gapped Down Weakness -2.48%

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Profile

The investment seeks daily investment results before fees and expenses that correspond to two times the inverse (-2x) of the daily performance of the S&P SmallCap 600®. The fund invests in derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as two times the inverse (-2x) of the daily return of the index. The index is a measure of small-cap company U.S. stock market performance. It is a float-adjusted, market capitalization-weighted index of 600 U.S. operating companies selected through a process. The fund is non-diversified.
Exchange Traded Fund ETF Exchange Traded Funds Leveraged ETF Ultra ETF S&P 500 Index CBOE Bear Market ETF Inverse ETF Capitalization Weighted Index Inverse Exchange Traded Fund S&P 600

Top 10 Components

Symbol Grade Percentage
DAR 0.61
LHCG 0.55
AJRD 0.49
GBCI 0.49
BLD 0.48
JBT 0.47
EXPO 0.47
NEOG 0.47
VIAV 0.46
OMCL 0.46
View All SDD Holdings

Is SDD 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 27.97
52 Week Low 8.23
Average Volume 49,114
200-Day Moving Average 12.90
50-Day Moving Average 9.95
20-Day Moving Average 9.28
10-Day Moving Average 8.89
Average True Range 0.41
ADX 22.33
+DI 15.13
-DI 35.25
Chandelier Exit (Long, 3 ATRs ) 9.86
Chandelier Exit (Short, 3 ATRs ) 9.45
Upper Bollinger Band 10.39
Lower Bollinger Band 8.17
Percent B (%b) 0.03
BandWidth 23.87
MACD Line -0.52
MACD Signal Line -0.46
MACD Histogram -0.0518
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 8.73
Resistance 3 (R3) 8.78 8.66 8.65
Resistance 2 (R2) 8.66 8.54 8.64 8.62
Resistance 1 (R1) 8.46 8.47 8.40 8.41 8.60
Pivot Point 8.34 8.34 8.32 8.32 8.34
Support 1 (S1) 8.14 8.22 8.08 8.09 7.90
Support 2 (S2) 8.02 8.15 8.00 7.88
Support 3 (S3) 7.82 8.02 7.85
Support 4 (S4) 7.77