Technical Analysis for SMN - ProShares UltraShort Basic Materials

Grade Last Price % Change Price Change
grade F 26.432 -0.76% -0.20
SMN closed down 0.76 percent on Monday, June 24, 2019, on 15 percent of normal volume. 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 Signals
ADX Long-Term Intermediate-Term Short-Term
Strong Down Down Down
See historical SMN trend table...

Date Alert Name Type % Chg
Outside Day Range Expansion 0.00%
Oversold Stochastic Weakness 0.00%
Narrow Range Bar Range Contraction -0.76%
NR7 Range Contraction -0.76%
Inside Day Range Contraction -0.76%
Oversold Stochastic Weakness -0.76%
Narrow Range Bar Range Contraction -0.59%
Gapped Down Weakness -0.59%
Oversold Stochastic Weakness -0.59%
Oversold Stochastic Weakness -2.72%

Older signals for SMN ...

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Basic chart:
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: 0 bullish, 4 bearish and 1 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 40.16
52 Week Low 24.14
Average Volume 11,589
200-Day Moving Average 29.6106
50-Day Moving Average 28.5696
20-Day Moving Average 28.5079
10-Day Moving Average 26.9677
Average True Range 0.687
ADX 26.28
+DI 20.7287
-DI 40.7181
Chandelier Exit (Long, 3 ATRs ) 30.859
Chandelier Exit (Short, 3 ATRs ) 28.3813
Upper Bollinger Band 32.617
Lower Bollinger Band 24.3988
Percent B (%b) 0.25
BandWidth 28.827799
MACD Line -0.8206
MACD Signal Line -0.5966
MACD Histogram -0.224
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 27.09
Resistance 3 (R3) 27.13 26.94 26.98
Resistance 2 (R2) 26.94 26.78 26.93 26.94
Resistance 1 (R1) 26.69 26.67 26.60 26.65 26.91
Pivot Point 26.50 26.50 26.46 26.49 26.50
Support 1 (S1) 26.25 26.34 26.16 26.21 25.96
Support 2 (S2) 26.06 26.23 26.05 25.92
Support 3 (S3) 25.81 26.06 25.88
Support 4 (S4) 25.77