Technical Analysis for SH - ProShares Short S&P500

Grade Last Price % Change Price Change
grade F 25.97 -0.04% -0.01
SH closed down 0.04 percent on Wednesday, September 18, 2019, on 74 percent of normal volume. The price action carved out a bearish shooting star candlestick pattern. That may indicate a downside reversal. Look for price to trade beneath the low of the shooting star for confirmation. 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 Flat
See historical SH trend table...

Date Alert Name Type % Chg
Shooting Star Candlestick Bearish 0.00%
Outside Day Range Expansion 0.00%
Oversold Stochastic Weakness 0.00%
Narrow Range Bar Range Contraction -0.04%
Oversold Stochastic Weakness -0.04%
Narrow Range Bar Range Contraction -0.31%
NR7 Range Contraction -0.31%
Gapped Up Strength -0.31%
Oversold Stochastic Weakness -0.31%
Stochastic Buy Signal Bullish 0.04%

Older signals for SH ...

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Profile
The investment seeks daily investment results that correspond to the inverse (-1x) 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 the inverse (-1x) 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 that factors in criteria such as liquidity, price, market capitalization and financial viability. The fund is non-diversified.
Stock Market Index Real Estate Investment Trust S&P 500 Index Cboe Stock Market Indices Fundamentally Based Indexes Capitalization Weighted Index Real Estate Investment Trusts
Is SH 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 33.59
52 Week Low 25.84
Average Volume 5,120,355
200-Day Moving Average 27.8825
50-Day Moving Average 26.5034
20-Day Moving Average 26.4925
10-Day Moving Average 26.076
Average True Range 0.2794
ADX 17.73
+DI 24.1284
-DI 30.9196
Chandelier Exit (Long, 3 ATRs ) 26.7018
Chandelier Exit (Short, 3 ATRs ) 26.6782
Upper Bollinger Band 27.419
Lower Bollinger Band 25.566
Percent B (%b) 0.22
BandWidth 6.994432
MACD Line -0.2226
MACD Signal Line -0.1541
MACD Histogram -0.0685
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 26.35
Resistance 3 (R3) 26.39 26.30 26.29
Resistance 2 (R2) 26.30 26.20 26.28 26.27
Resistance 1 (R1) 26.14 26.14 26.09 26.10 26.25
Pivot Point 26.05 26.05 26.02 26.03 26.05
Support 1 (S1) 25.88 25.95 25.84 25.84 25.69
Support 2 (S2) 25.79 25.89 25.77 25.67
Support 3 (S3) 25.63 25.79 25.65
Support 4 (S4) 25.59