Technical Analysis for SPXU - ProShares UltraPro Short S&P500

Grade Last Price % Change Price Change
grade F 9.18 -1.92% -0.18
SPXU closed down 1.92 percent on Thursday, August 6, 2020, on 58 percent of normal volume. 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
Historical SPXU trend table...

Date Alert Name Type % Chg
MACD Bearish Signal Line Cross Bearish 0.00%
New 52 Week Closing Low Bearish 0.00%
New 52 Week Low Weakness 0.00%
Below Lower BB Weakness 0.00%
Down 3 Days in a Row Weakness 0.00%
Down 4 Days in a Row Weakness 0.00%
Down 5 Days in a Row Weakness 0.00%
Lower Bollinger Band Touch Weakness 0.00%
Oversold Stochastic Weakness 0.00%
New 52 Week Closing Low Bearish -1.92%

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Profile

The investment seeks daily investment results before fees and expenses that correspond to three times the inverse (-3x) 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 three times the inverse (-3x) 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. The fund is non-diversified.
Exchange Traded Fund ETF Leveraged ETF Ultra ETF Bear Market ETF Inverse ETF Capitalization Weighted Index Silver Exchange Traded Product Inverse Exchange Traded Fund Real Estate Investment Trusts Rate Of Return

Is SPXU 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 38.46
52 Week Low 9.15
Average Volume 35,420,199
200-Day Moving Average 18.50
50-Day Moving Average 11.18
20-Day Moving Average 10.12
10-Day Moving Average 9.86
Average True Range 0.44
ADX 21.34
+DI 15.55
-DI 33.65
Chandelier Exit (Long, 3 ATRs ) 10.18
Chandelier Exit (Short, 3 ATRs ) 10.48
Upper Bollinger Band 11.02
Lower Bollinger Band 9.22
Percent B (%b) -0.02
BandWidth 17.80
MACD Line -0.58
MACD Signal Line -0.57
MACD Histogram -0.0112
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 9.62
Resistance 3 (R3) 9.65 9.55 9.54
Resistance 2 (R2) 9.55 9.44 9.53 9.52
Resistance 1 (R1) 9.36 9.37 9.31 9.33 9.49
Pivot Point 9.26 9.26 9.23 9.24 9.26
Support 1 (S1) 9.07 9.15 9.02 9.04 8.87
Support 2 (S2) 8.97 9.08 8.95 8.84
Support 3 (S3) 8.78 8.97 8.82
Support 4 (S4) 8.75