Technical Analysis for SH - ProShares Short S&P500
| Grade | Last Price | % Change | Price Change |
|---|---|---|---|
| F | 11.06 | -1.60% | -0.18 |
SH closed down 1.6 percent on Thursday, September 19, 2024, on 60 percent of normal volume. The bears made the stock sink to a new 52-week low. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or bounces.
| ADX | Long Term | Intermediate Term | Short Term |
|---|---|---|---|
| Weak or Absent | Down | Down | Down |
| Date | Alert Name | Type | % Chg |
|---|---|---|---|
| Narrow Range Bar | Range Contraction | 0.00% | |
| New 52 Week Low | Weakness | 0.00% | |
| Gapped Down | Weakness | 0.00% | |
| Oversold Stochastic | Weakness | 0.00% | |
| Pocket Pivot | Bullish Swing Setup | -1.60% | |
| Outside Day | Range Expansion | -1.60% | |
| Oversold Stochastic | Weakness | -1.60% | |
| Stochastic Reached Oversold | Weakness | -1.25% | |
| Gapped Down | Weakness | -1.25% | |
| Oversold Stochastic | Weakness | -1.25% |
| Alert | Time |
|---|---|
| Down 2 % | about 4 hours ago |
| 1.5x Volume Pace | about 6 hours ago |
| Fell Below Lower Bollinger Band | about 6 hours ago |
| Fell Below Previous Day's Low | about 6 hours ago |
| Down 1% | about 6 hours ago |
Get this analysis on your stocks daily!
Let us help you stay on top of your investments. We will alert you to important technical developments on your
portfolio & watchlist.
Configure default chart indicators
Basic chart:
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.
Keywords: Exchange Traded Fund ETF Stock Market Index Real Estate Investment Trust S&P 500 Index CBOE Inverse ETF Bear Market ETF Capitalization Weighted Index Fundamentally Based Indexes
Classification
Keywords: Exchange Traded Fund ETF Stock Market Index Real Estate Investment Trust S&P 500 Index CBOE Inverse ETF Bear Market ETF Capitalization Weighted Index Fundamentally Based Indexes
| Indicator | Bull Case | Neutral / Hold | Bear Case |
|---|---|---|---|
| 50 DMA | |||
| 200 DMA | |||
| ADX Trend | |||
| Oversold / Overbought | |||
| Relative Strength |
| Indicator | Value |
|---|---|
| 52 Week High | 14.5018 |
| 52 Week Low | 11.02 |
| Average Volume | 35,016,723 |
| 200-Day Moving Average | 11.89 |
| 50-Day Moving Average | 11.39 |
| 20-Day Moving Average | 11.28 |
| 10-Day Moving Average | 11.32 |
| Average True Range | 0.16 |
| RSI (14) | 38.27 |
| ADX | 16.22 |
| +DI | 15.78 |
| -DI | 23.54 |
| Chandelier Exit (Long, 3 ATRs) | 11.18 |
| Chandelier Exit (Short, 3 ATRs) | 11.50 |
| Upper Bollinger Bands | 11.57 |
| Lower Bollinger Band | 10.99 |
| Percent B (%b) | 0.11 |
| BandWidth | 5.09 |
| MACD Line | -0.06 |
| MACD Signal Line | -0.04 |
| MACD Histogram | -0.0215 |
| Pivot Point Level | Traditional / Classic | Fibonacci | Demark | Woodie | Camarilla |
|---|---|---|---|---|---|
| Resistance 4 (R4) | 11.18 | ||||
| Resistance 3 (R3) | 11.18 | 11.14 | 11.16 | ||
| Resistance 2 (R2) | 11.14 | 11.11 | 11.14 | 11.15 | |
| Resistance 1 (R1) | 11.10 | 11.09 | 11.12 | 11.10 | 11.15 |
| Pivot Point | 11.06 | 11.06 | 11.07 | 11.06 | 11.06 |
| Support 1 (S1) | 11.02 | 11.03 | 11.04 | 11.02 | 10.97 |
| Support 2 (S2) | 10.98 | 11.01 | 10.98 | 10.97 | |
| Support 3 (S3) | 10.94 | 10.98 | 10.96 | ||
| Support 4 (S4) | 10.94 |
