Technical Analysis for SPXU - ProShares UltraPro Short S&P500

Grade Last Price % Change Price Change
F 27.08 2.58% 0.68
SPXU closed up 2.58 percent on Thursday, July 11, 2024, on 1.71 times 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.
4 Watchers
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Down Down Down

Date Alert Name Type % Chg
Bullish Engulfing Bullish 0.00%
Pocket Pivot Bullish Swing Setup 0.00%
Lower Bollinger Band Walk Weakness 0.00%
New 52 Week Low Weakness 0.00%
Outside Day Range Expansion 0.00%
Lower Bollinger Band Touch Weakness 0.00%
Oversold Stochastic Weakness 0.00%
New 52 Week Closing Low Bearish 2.58%
180 Bearish Setup Bearish Swing Setup 2.58%
Lower Bollinger Band Walk Weakness 2.58%

   Recent Intraday Alerts

Alert Time
Possible Pocket Pivot about 18 hours ago
Rose Above Previous Day's High about 20 hours ago
Outside Day about 20 hours ago
Up 1 ATR about 20 hours ago
Up 2% about 20 hours ago

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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.
Classification

Keywords: Exchange Traded Fund ETF Real Estate Investment Trust Inverse Exchange Traded Fund Leveraged ETF Ultra ETF Inverse ETF Bear Market ETF Capitalization Weighted Index Silver Exchange Traded Product

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 64.4326
52 Week Low 26.2501
Average Volume 7,113,372
200-Day Moving Average 39.77
50-Day Moving Average 30.51
20-Day Moving Average 28.24
10-Day Moving Average 27.70
Average True Range 0.69
RSI (14) 31.97
ADX 41.52
+DI 8.57
-DI 35.70
Chandelier Exit (Long, 3 ATRs) 28.77
Chandelier Exit (Short, 3 ATRs) 28.32
Upper Bollinger Bands 29.80
Lower Bollinger Band 26.67
Percent B (%b) 0.13
BandWidth 11.12
MACD Line -1.00
MACD Signal Line -0.95
MACD Histogram -0.0515
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 28.46
Resistance 3 (R3) 28.34 27.75 28.23
Resistance 2 (R2) 27.75 27.40 27.81 28.15
Resistance 1 (R1) 27.42 27.18 27.58 27.54 28.08
Pivot Point 26.83 26.83 26.92 26.90 26.83
Support 1 (S1) 26.50 26.48 26.67 26.62 26.08
Support 2 (S2) 25.91 26.26 25.98 26.01
Support 3 (S3) 25.58 25.91 25.93
Support 4 (S4) 25.70