Technical Analysis for SH - ProShares Short S&P500

Grade Last Price % Change Price Change
grade B 29.495 -0.99% -0.30
SH closed down 0.77 percent on Thursday, January 17, 2019, on 58 percent of normal volume. It ran into resistance at its 50 day moving average. 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 SH trend table...

Date Alert Name Type % Chg
Jan 17 50 DMA Resistance Bearish -0.99%
Jan 17 180 Bearish Setup Bearish Swing Setup -0.99%
Jan 17 Multiple of Ten Bearish Other -0.99%
Jan 17 Outside Day Range Expansion -0.99%
Jan 17 Down 3 Days in a Row Weakness -0.99%
Jan 17 Oversold Stochastic Weakness -0.99%
Jan 16 Fell Below 50 DMA Bearish -1.75%
Jan 16 MACD Bearish Centerline Cross Bearish -1.75%
Jan 16 Lizard Bullish Bullish Day Trade Setup -1.75%
Jan 16 Narrow Range Bar Range Contraction -1.75%

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.
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: 2 bullish, 1 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 27.08
Average Volume 9,992,349
200-Day Moving Average 29.0939
50-Day Moving Average 30.13
20-Day Moving Average 31.1655
10-Day Moving Average 30.353
Average True Range 0.5793
ADX 18.58
+DI 21.0775
-DI 26.7574
Chandelier Exit (Long, 3 ATRs ) 31.8521
Chandelier Exit (Short, 3 ATRs ) 31.4279
Upper Bollinger Band 33.1091
Lower Bollinger Band 29.2219
Percent B (%b) 0.15
BandWidth 12.472766
MACD Line -0.1037
MACD Signal Line 0.1334
MACD Histogram -0.2372
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 30.48
Resistance 3 (R3) 30.52 30.34 30.37
Resistance 2 (R2) 30.34 30.16 30.32 30.33
Resistance 1 (R1) 30.06 30.05 29.97 30.02 30.29
Pivot Point 29.88 29.88 29.83 29.86 29.88
Support 1 (S1) 29.60 29.70 29.51 29.56 29.29
Support 2 (S2) 29.42 29.59 29.40 29.25
Support 3 (S3) 29.14 29.42 29.22
Support 4 (S4) 29.10