Technical Analysis for SRTY - ProShares UltraPro Short Russell2000

Grade Last Price % Change Price Change
grade F 8.605 -3.53% -0.32
SRTY closed down 1.87 percent on Tuesday, August 4, 2020, on 66 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. 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 SRTY trend table...

Date Alert Name Type % Chg
New 52 Week Closing Low Bearish -3.53%
Narrow Range Bar Range Contraction -3.53%
NR7 Range Contraction -3.53%
New 52 Week Low Weakness -3.53%
Wide Bands Range Expansion -3.53%
Oversold Stochastic Weakness -3.53%
New 52 Week Closing Low Bearish -5.34%
New 52 Week Low Weakness -5.34%
Wide Bands Range Expansion -5.34%
Oversold Stochastic Weakness -5.34%

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Profile

The investment seeks daily investment results that correspond to three times the inverse (-3x) of the daily performance of the Russell 2000® Index. 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 small-cap U.S. stock market performance. It is a float-adjusted, market capitalization-weighted index containing approximately 2000 of the smallest companies in the Russell 3000® Index or approximately 8% of the total market capitalization of the Russell 3000® Index. The fund is non-diversified.
Exchange Traded Fund ETF Exchange Traded Funds Leveraged ETF Ultra ETF Bear Market ETF Inverse ETF Russell Indexes Capitalization Weighted Index Russell 2000 Price Return Usd Russell 2000 Index Russell 3000 Index Russell 3000 Cash (New York) Index Russell 2500 Index

Is SRTY 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 60.28
52 Week Low 8.9
Average Volume 8,614,706
200-Day Moving Average 19.46
50-Day Moving Average 10.90
20-Day Moving Average 9.98
10-Day Moving Average 9.44
Average True Range 0.73
ADX 22.65
+DI 15.35
-DI 27.95
Chandelier Exit (Long, 3 ATRs ) 9.86
Chandelier Exit (Short, 3 ATRs ) 11.10
Upper Bollinger Band 11.54
Lower Bollinger Band 8.41
Percent B (%b) 0.16
BandWidth 31.41
MACD Line -0.67
MACD Signal Line -0.70
MACD Histogram 0.023
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 9.43
Resistance 3 (R3) 9.48 9.36 9.35
Resistance 2 (R2) 9.36 9.23 9.34 9.32
Resistance 1 (R1) 9.14 9.15 9.08 9.09 9.29
Pivot Point 9.02 9.02 8.99 9.00 9.02
Support 1 (S1) 8.80 8.89 8.74 8.75 8.55
Support 2 (S2) 8.68 8.81 8.66 8.52
Support 3 (S3) 8.46 8.68 8.50
Support 4 (S4) 8.41