Technical Analysis for SMN - ProShares UltraShort Basic Materials
Grade | Last Price | % Change | Price Change |
---|---|---|---|
F | 6.99 | 0.00% | 0.00 |
SMN closed down 2.69 percent on Wednesday, March 27, 2024, on 12 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.
ADX | Long Term | Intermediate Term | Short Term |
---|---|---|---|
Strong | Down | Down | Down |
Date | Alert Name | Type | % Chg |
---|---|---|---|
New 52 Week Closing Low | Bearish | 0.07% | |
180 Bearish Setup | Bearish Swing Setup | 0.07% | |
New 52 Week Low | Weakness | 0.07% | |
Gapped Down | Weakness | 0.07% | |
Oversold Stochastic | Weakness | 0.07% | |
NR7 | Range Contraction | -2.62% | |
Narrow Range Bar | Range Contraction | -2.62% | |
Up 3 Days in a Row | Strength | -2.62% | |
Oversold Stochastic | Weakness | -2.62% | |
MACD Bullish Signal Line Cross | Bullish | -2.43% |
Alert | Time |
---|---|
Bearish 180 Entry | 5 minutes ago |
Fell Below Previous Day's Low | 5 minutes ago |
New 52 Week Low | 5 minutes ago |
Rose Above Previous Day's High | 2 days ago |
Possible NR7 | 2 days ago |
Get a Trading Sidekick!
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, 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.
Keywords: Exchange Traded Fund ETF Leveraged ETF Ultra ETF Inverse ETF Bear Market ETF Proshares Dow Jones Us Basic Materials Sector Index
Classification
Keywords: Exchange Traded Fund ETF Leveraged ETF Ultra ETF Inverse ETF Bear Market ETF Proshares Dow Jones Us Basic Materials Sector Index
Indicator | Bull Case | Neutral / Hold | Bear Case |
---|---|---|---|
50 DMA | |||
200 DMA | |||
ADX Trend | |||
Oversold / Overbought | |||
Relative Strength |
Indicator | Value |
---|---|
52 Week High | 10.7254 |
52 Week Low | 6.9853 |
Average Volume | 5,245 |
200-Day Moving Average | 8.78 |
50-Day Moving Average | 8.06 |
20-Day Moving Average | 7.35 |
10-Day Moving Average | 7.18 |
Average True Range | 0.11 |
RSI (14) | 27.01 |
ADX | 37.01 |
+DI | 19.62 |
-DI | 51.31 |
Chandelier Exit (Long, 3 ATRs) | 7.67 |
Chandelier Exit (Short, 3 ATRs) | 7.33 |
Upper Bollinger Bands | 7.83 |
Lower Bollinger Band | 6.88 |
Percent B (%b) | 0.11 |
BandWidth | 12.81 |
MACD Line | -0.28 |
MACD Signal Line | -0.29 |
MACD Histogram | 0.0099 |
Pivot Point Level | Traditional / Classic | Fibonacci | Demark | Woodie | Camarilla |
---|---|---|---|---|---|
Resistance 4 (R4) | 7.09 | ||||
Resistance 3 (R3) | 7.10 | 7.08 | 7.07 | ||
Resistance 2 (R2) | 7.08 | 7.05 | 7.07 | 7.07 | |
Resistance 1 (R1) | 7.03 | 7.04 | 7.02 | 7.02 | 7.06 |
Pivot Point | 7.01 | 7.01 | 7.00 | 7.00 | 7.01 |
Support 1 (S1) | 6.96 | 6.98 | 6.95 | 6.95 | 6.91 |
Support 2 (S2) | 6.94 | 6.97 | 6.93 | 6.90 | |
Support 3 (S3) | 6.89 | 6.94 | 6.90 | ||
Support 4 (S4) | 6.88 |