Technical Analysis for SH - ProShares Short S&P500

Grade Last Price % Change Price Change
grade F 24.9 -0.12% -0.03
SH closed down 0.04 percent on Monday, November 18, 2019, on 53 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. 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) -- 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 SH trend table...

Date Alert Name Type % Chg
New 52 Week Closing Low Bearish -0.12%
NR7 Range Contraction -0.12%
New 52 Week Low Weakness -0.12%
Down 3 Days in a Row Weakness -0.12%
Oversold Stochastic Weakness -0.12%
New 52 Week Closing Low Bearish -0.16%
New 52 Week Low Weakness -0.16%
Gapped Down Weakness -0.16%
Oversold Stochastic Weakness -0.16%
New 52 Week Closing Low Bearish -0.88%

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 24.9
Average Volume 4,535,583
200-Day Moving Average 26.9154
50-Day Moving Average 25.8848
20-Day Moving Average 25.3995
10-Day Moving Average 25.154
Average True Range 0.1835
ADX 23.54
+DI 15.7239
-DI 35.4576
Chandelier Exit (Long, 3 ATRs ) 25.5795
Chandelier Exit (Short, 3 ATRs ) 25.4505
Upper Bollinger Band 25.9963
Lower Bollinger Band 24.8027
Percent B (%b) 0.11
BandWidth 4.699305
MACD Line -0.2832
MACD Signal Line -0.2634
MACD Histogram -0.0199
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 25.08
Resistance 3 (R3) 25.09 25.04 25.06
Resistance 2 (R2) 25.04 25.01 25.04 25.05
Resistance 1 (R1) 24.99 24.98 24.97 24.98 25.04
Pivot Point 24.94 24.94 24.93 24.94 24.94
Support 1 (S1) 24.89 24.91 24.87 24.88 24.82
Support 2 (S2) 24.84 24.88 24.84 24.81
Support 3 (S3) 24.79 24.84 24.81
Support 4 (S4) 24.78