Technical Analysis for SDP - ProShares UltraShort Utilities

Grade Last Price % Change Price Change
grade F 18.38 -1.82% -0.34
SDP closed down 1.82 percent on Friday, March 22, 2019, on 3.18 times normal volume. The bears made the stock sink to a new 52-week low. The price action carved out a bullish hammer (or hammer-like) candlestick pattern. That may indicate an upside reversal. Look for price to trade above the high of the hammer for confirmation.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Strong Down Down Down
See historical SDP trend table...

Date Alert Name Type % Chg
Mar 22 New 52 Week Closing Low Bearish 0.00%
Mar 22 Hammer Candlestick Bullish 0.00%
Mar 22 Lizard Bullish Bullish Day Trade Setup 0.00%
Mar 22 Volume Surge Other 0.00%
Mar 22 New 52 Week Low Weakness 0.00%
Mar 22 Down 3 Days in a Row Weakness 0.00%
Mar 22 Gapped Down Weakness 0.00%
Mar 22 Lower Bollinger Band Touch Weakness 0.00%
Mar 21 Narrow Range Bar Range Contraction -1.82%
Mar 19 1,2,3 Retracement Bearish Bearish Swing Setup -4.57%

Older signals for SDP ...

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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 Dow Jones U.S. UtilitiesSM Index. 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 measures the performance of the utilities sector of the U.S. equity market. Component companies include, among others, electric utilities, gas utilities, multi-utilities and water utilities. The fund is non-diversified.
Exchange Traded Funds Financial Law Silver Exchange Traded Product Derivative S&P Dow Jones Indices Electric Utilities Wagering Utilities Sector Gas Utilities Water Utilities Multi Utilities Dow Jones Us Utilities Sector Index
Is SDP 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, 4 bearish and 1 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 28.68
52 Week Low 18.22
Average Volume 3,586
200-Day Moving Average 22.6294
50-Day Moving Average 20.649
20-Day Moving Average 19.2232
10-Day Moving Average 18.8327
Average True Range 0.32
ADX 34.89
+DI 17.0976
-DI 42.2438
Chandelier Exit (Long, 3 ATRs ) 19.255
Chandelier Exit (Short, 3 ATRs ) 19.18
Upper Bollinger Band 20.0966
Lower Bollinger Band 18.3498
Percent B (%b) 0.02
BandWidth 9.086937
MACD Line -0.5342
MACD Signal Line -0.5579
MACD Histogram 0.0237
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 18.70
Resistance 3 (R3) 18.68 18.55 18.64
Resistance 2 (R2) 18.55 18.47 18.56 18.62
Resistance 1 (R1) 18.47 18.42 18.41 18.49 18.61
Pivot Point 18.34 18.34 18.31 18.35 18.34
Support 1 (S1) 18.26 18.26 18.20 18.28 18.15
Support 2 (S2) 18.13 18.21 18.14 18.14
Support 3 (S3) 18.05 18.13 18.12
Support 4 (S4) 18.07