Technical Analysis for SPXU - ProShares UltraPro Short S&P500

Grade Last Price % Change Price Change
B 11.84 -1.50% -0.18
SPXU closed down 1.5 percent on Thursday, September 28, 2023, on approximately normal volume. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or a pulls back.

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Up Up

Date Alert Name Type % Chg
Bearish Engulfing Bearish 0.00%
Slingshot Bullish Bullish Swing Setup 0.00%
Upper Bollinger Band Walk Strength 0.00%
Overbought Stochastic Strength 0.00%
Upper Bollinger Band Touch Strength 0.00%
Shooting Star Candlestick Bearish -1.50%
Upper Bollinger Band Walk Strength -1.50%
Above Upper BB Strength -1.50%
Overbought Stochastic Strength -1.50%
Upper Bollinger Band Touch Strength -1.50%

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
Down 2 % about 18 hours ago
Shooting Star Candlestick Entry about 19 hours ago
Fell Below Previous Day's Low about 19 hours ago
Down 1% about 19 hours ago
60 Minute Opening Range Breakdown about 19 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 Leveraged ETF Ultra ETF Inverse Exchange Traded Fund 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 23.192
52 Week Low 9.5057
Average Volume 23,835,502
200-Day Moving Average 12.69
50-Day Moving Average 10.57
20-Day Moving Average 10.89
10-Day Moving Average 11.36
Average True Range 0.35
RSI (14) 66.56
ADX 23.93
+DI 36.08
-DI 14.71
Chandelier Exit (Long, 3 ATRs) 11.28
Chandelier Exit (Short, 3 ATRs) 11.05
Upper Bollinger Bands 12.12
Lower Bollinger Band 9.66
Percent B (%b) 0.89
BandWidth 22.63
MACD Line 0.35
MACD Signal Line 0.21
MACD Histogram 0.1438
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 12.54
Resistance 3 (R3) 12.57 12.36 12.43
Resistance 2 (R2) 12.36 12.18 12.35 12.39
Resistance 1 (R1) 12.10 12.07 11.99 12.07 12.35
Pivot Point 11.89 11.89 11.84 11.88 11.89
Support 1 (S1) 11.63 11.71 11.53 11.61 11.33
Support 2 (S2) 11.42 11.60 11.41 11.29
Support 3 (S3) 11.16 11.42 11.25
Support 4 (S4) 11.14