Technical Analysis for SSG - ProShares UltraShort Semiconductors

Grade Last Price % Change Price Change
grade F 13.58 1.27% 0.17
SSG closed up 1.27 percent on Monday, March 25, 2019, on approximately normal volume. The price action carved out a bearish shooting star candlestick pattern. That may indicate a downside reversal. Look for price to trade beneath the low of the shooting star for confirmation. 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
See historical SSG trend table...

Date Alert Name Type % Chg
Mar 25 Shooting Star Candlestick Bearish 0.00%
Mar 25 180 Bearish Setup Bearish Swing Setup 0.00%
Mar 25 Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 0.00%
Mar 25 Gapped Up Strength 0.00%
Mar 25 Oversold Stochastic Weakness 0.00%
Mar 22 Jack-in-the-Box Bearish Bearish Swing Setup 1.27%
Mar 22 Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 1.27%
Mar 22 Stochastic Buy Signal Bullish 1.27%
Mar 22 Inside Day Range Contraction 1.27%
Mar 22 Oversold Stochastic Weakness 1.27%

Older signals for SSG ...

Get this analysis on your stocks daily!

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:

Profile
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. SemiconductorsSM 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 semiconductor sub-sector of the U.S. equity market. The fund is non-diversified.
Exchange Traded Funds Financial Law Semiconductor Silver Exchange Traded Product Derivative Inverse Exchange Traded Fund Dow Jones & Company Proshare Wagering Dow Jones U.S. Semiconductors Total Return Index
Is SSG a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 0 bullish, 3 bearish and 2 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 23.76
52 Week Low 12.53
Average Volume 19,017
200-Day Moving Average 16.8727
50-Day Moving Average 15.5806
20-Day Moving Average 14.1777
10-Day Moving Average 13.6577
Average True Range 0.6029
ADX 22.61
+DI 21.0702
-DI 35.2145
Chandelier Exit (Long, 3 ATRs ) 13.9913
Chandelier Exit (Short, 3 ATRs ) 14.3387
Upper Bollinger Band 15.5389
Lower Bollinger Band 12.8165
Percent B (%b) 0.28
BandWidth 19.201986
MACD Line -0.6574
MACD Signal Line -0.6504
MACD Histogram -0.007
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 14.07
Resistance 3 (R3) 14.13 14.02 13.99
Resistance 2 (R2) 14.02 13.89 13.99 13.96
Resistance 1 (R1) 13.80 13.82 13.74 13.74 13.94
Pivot Point 13.69 13.69 13.66 13.66 13.69
Support 1 (S1) 13.47 13.56 13.42 13.42 13.22
Support 2 (S2) 13.36 13.49 13.33 13.20
Support 3 (S3) 13.14 13.36 13.17
Support 4 (S4) 13.09