Technical Analysis for SMN - ProShares UltraShort Basic Materials

Grade Last Price % Change Price Change
grade C 29.52 6.61% 1.83
SMN closed up 6.61 percent on Friday, March 22, 2019, on 35 percent of normal volume. The stock crossed above its 200 day moving average, improving its long-term outlook by crossing above that critical trendline.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Weak or Absent Up Down Up
See historical SMN trend table...

Date Alert Name Type % Chg
Mar 22 Crossed Above 200 DMA Bullish 0.00%
Mar 22 Crossed Above 20 DMA Bullish 0.00%
Mar 22 Gapped Up Strength 0.00%
Mar 22 Upper Bollinger Band Touch Strength 0.00%
Mar 21 Fell Below 20 DMA Bearish 6.61%
Mar 21 Narrow Range Bar Range Contraction 6.61%
Mar 21 NR7 Range Contraction 6.61%
Mar 21 BB Squeeze Ended Range Expansion 6.61%
Mar 21 Gapped Down Weakness 6.61%
Mar 20 200 DMA Resistance Bearish 3.98%

Older signals for SMN ...

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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.
Exchange Traded Fund Financial Law Mathematical Finance Financial Ratios Derivative Rate Of Return Proshare Dow Jones Us Basic Materials Sector Index
Is SMN a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 1 bullish, 1 bearish and 3 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 40.16
52 Week Low 24.09
Average Volume 8,045
200-Day Moving Average 28.7387
50-Day Moving Average 29.71
20-Day Moving Average 28.4342
10-Day Moving Average 28.4373
Average True Range 0.7881
ADX 14.18
+DI 35.4982
-DI 31.6994
Chandelier Exit (Long, 3 ATRs ) 27.5057
Chandelier Exit (Short, 3 ATRs ) 29.6643
Upper Bollinger Band 29.5384
Lower Bollinger Band 27.33
Percent B (%b) 0.99
BandWidth 7.766703
MACD Line -0.3125
MACD Signal Line -0.4574
MACD Histogram 0.1449
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 30.69
Resistance 3 (R3) 30.57 30.06 30.50
Resistance 2 (R2) 30.06 29.76 30.12 30.43
Resistance 1 (R1) 29.79 29.58 29.93 29.91 30.36
Pivot Point 29.28 29.28 29.35 29.34 29.28
Support 1 (S1) 29.01 28.98 29.15 29.13 28.68
Support 2 (S2) 28.50 28.80 28.56 28.61
Support 3 (S3) 28.23 28.50 28.55
Support 4 (S4) 28.35