Technical Analysis for SDS - ProShares UltraShort S&P500

Grade Last Price % Change Price Change
grade B 38.18 -1.32% -0.51
SDS closed down 1.5 percent on Thursday, January 17, 2019, on 70 percent of 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 Up Down Down
See historical SDS trend table...

Date Alert Name Type % Chg
Jan 17 180 Bearish Setup Bearish Swing Setup -1.32%
Jan 17 Outside Day Range Expansion -1.32%
Jan 17 Down 3 Days in a Row Weakness -1.32%
Jan 17 Oversold Stochastic Weakness -1.32%
Jan 16 Lizard Bullish Bullish Day Trade Setup -2.80%
Jan 16 Narrow Range Bar Range Contraction -2.80%
Jan 16 NR7 Range Contraction -2.80%
Jan 16 Doji - Bullish? Reversal -2.80%
Jan 16 Oversold Stochastic Weakness -2.80%
Jan 15 Fell Below 50 DMA Bearish -3.24%

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.
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: 2 bullish, 1 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 32.53
Average Volume 8,455,752
200-Day Moving Average 37.5062
50-Day Moving Average 39.8594
20-Day Moving Average 42.4465
10-Day Moving Average 40.151
Average True Range 1.5577
ADX 18.46
+DI 21.0827
-DI 27.0344
Chandelier Exit (Long, 3 ATRs ) 44.7969
Chandelier Exit (Short, 3 ATRs ) 43.0831
Upper Bollinger Band 47.9405
Lower Bollinger Band 36.9525
Percent B (%b) 0.16
BandWidth 25.886704
MACD Line -0.3728
MACD Signal Line 0.256
MACD Histogram -0.6288
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 40.46
Resistance 3 (R3) 40.56 40.08 40.17
Resistance 2 (R2) 40.08 39.63 40.03 40.07
Resistance 1 (R1) 39.38 39.35 39.14 39.28 39.97
Pivot Point 38.90 38.90 38.78 38.85 38.90
Support 1 (S1) 38.20 38.45 37.96 38.10 37.41
Support 2 (S2) 37.72 38.17 37.67 37.31
Support 3 (S3) 37.02 37.72 37.22
Support 4 (S4) 36.92