Technical Analysis for SMN - ProShares UltraShort Basic Materials

Grade Last Price % Change Price Change
F 6.45 -1.06% -0.07
SMN closed down 1.81 percent on Thursday, May 6, 2021, on 34 percent of normal volume. The bears made the stock sink to a new 52-week low. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.

Trend Table & Recent EOD Signals

ADX Long Term Intermediate Term Short Term
Strong Down Down Down
Historical SMN trend table...

Date Alert Name Type % Chg
New 52 Week Closing Low Bearish -1.06%
180 Bearish Setup Bearish Swing Setup -1.06%
Lower Bollinger Band Walk Weakness -1.06%
New 52 Week Low Weakness -1.06%
Outside Day Range Expansion -1.06%
Below Lower BB Weakness -1.06%
Down 3 Days in a Row Weakness -1.06%
Down 4 Days in a Row Weakness -1.06%
Lower Bollinger Band Touch Weakness -1.06%
Oversold Stochastic Weakness -1.06%
Older End-of-Day Signals for SMN ...

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
60 Minute Opening Range Breakdown about 3 hours ago
1.5x Volume Pace about 3 hours ago
Down 1% about 3 hours ago
Bearish 180 Entry about 3 hours ago
Fell Below Previous Day's Low about 3 hours ago
View Earlier Intraday Alerts

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Profile

The investment seeks daily investment results, before fees and expenses, that correspond to two times the inverse (-2x) of the daily performance of the Dow Jones U.S. Basic MaterialsSM Index. 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 measures the performance of the basic materials sector of the U.S. equity market. The fund is non-diversified.
Classification

Keywords: Exchange Traded Fund ETF Leveraged ETF Ultra ETF Inverse ETF Bear Market ETF Proshare Dow Jones Us Basic Materials Sector Index

Top 10 Components

Symbol Grade Price % Change Allocation
LIN A 1.47 18.22
APD B -0.15 8.28
ECL A -0.23 7.77
DD B 2.04 7.23
DOW A 0.07 6.27
NEM B 0.34 5.65
PPG A 0.05 4.81
LYB A 0.23 3.74
CTVA B 1.53 3.36
FCX A 4.33 2.96
View All SMN Holdings

Is SMN a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 26.78
52 Week Low 6.519
Average Volume 3,913
200-Day Moving Average 11.17
50-Day Moving Average 7.90
20-Day Moving Average 7.24
10-Day Moving Average 6.98
Average True Range 0.19
ADX 29.23
+DI 16.54
-DI 51.04
Chandelier Exit (Long, 3 ATRs ) 7.36
Chandelier Exit (Short, 3 ATRs ) 7.09
Upper Bollinger Band 7.92
Lower Bollinger Band 6.57
Percent B (%b) -0.04
BandWidth 18.59
MACD Line -0.34
MACD Signal Line -0.31
MACD Histogram -0.0326
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 6.78
Resistance 3 (R3) 6.80 6.75 6.73
Resistance 2 (R2) 6.75 6.68 6.73 6.72
Resistance 1 (R1) 6.63 6.64 6.60 6.60 6.70
Pivot Point 6.58 6.58 6.56 6.56 6.58
Support 1 (S1) 6.46 6.51 6.43 6.43 6.33
Support 2 (S2) 6.41 6.47 6.39 6.32
Support 3 (S3) 6.29 6.41 6.31
Support 4 (S4) 6.26