Technical Analysis for SDS - ProShares UltraShort S&P500

Grade Last Price % Change Price Change
grade F 29.2 0.00% 0.00
SDS closed up 0.55 percent on Monday, September 16, 2019, on 64 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. 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 SDS trend table...

Date Alert Name Type % Chg
Narrow Range Bar Range Contraction 0.00%
NR7 Range Contraction 0.00%
Gapped Up Strength 0.00%
Oversold Stochastic Weakness 0.00%
Bullish Engulfing Bullish 0.55%
Stochastic Buy Signal Bullish 0.55%
Narrow Range Bar Range Contraction 0.55%
Inside Day Range Contraction 0.55%
Oversold Stochastic Weakness 0.55%
New 52 Week Closing Low Bearish 0.79%

Older signals for SDS ...

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Profile
The investment seeks daily investment results that correspond to two times the inverse (-2x) of the daily performance of the S&P 500®. 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 large-cap U.S. stock market performance. It is a float-adjusted, market capitalization-weighted index of 500 U.S. operating companies and real estate investment trusts selected through a process. The fund is non-diversified.
Exchange Traded Funds Real Estate Investment Trust S&P 500 Index Cboe Stock Market Indices Capitalization Weighted Index Inverse Exchange Traded Fund Real Estate Investment Trusts Proshare
Is SDS 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 49.47
52 Week Low 28.75
Average Volume 6,504,157
200-Day Moving Average 33.9474
50-Day Moving Average 30.3994
20-Day Moving Average 30.4505
10-Day Moving Average 29.626
Average True Range 0.6781
ADX 17.98
+DI 22.668
-DI 33.1433
Chandelier Exit (Long, 3 ATRs ) 31.0057
Chandelier Exit (Short, 3 ATRs ) 30.7843
Upper Bollinger Band 32.4933
Lower Bollinger Band 28.4077
Percent B (%b) 0.19
BandWidth 13.417185
MACD Line -0.5138
MACD Signal Line -0.304
MACD Histogram -0.2098
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 29.53
Resistance 3 (R3) 29.54 29.44 29.48
Resistance 2 (R2) 29.44 29.36 29.44 29.46
Resistance 1 (R1) 29.32 29.30 29.27 29.31 29.44
Pivot Point 29.22 29.22 29.20 29.22 29.22
Support 1 (S1) 29.10 29.14 29.05 29.09 28.96
Support 2 (S2) 29.00 29.08 29.00 28.94
Support 3 (S3) 28.88 29.00 28.93
Support 4 (S4) 28.87