Technical Analysis for SSO - ProShares Ultra S&P500

Grade Last Price % Change Price Change
grade C 93.41 13.51% 11.12
SSO closed up 13.51 percent on Monday, April 6, 2020, on approximately normal volume.

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Strong Down Down Up
Historical SSO trend table...

Date Alert Name Type % Chg
1,2,3 Retracement Bearish Bearish Swing Setup 0.00%
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 0.00%
Crossed Above 20 DMA Bullish 0.00%
Multiple of Ten Bullish Other 0.00%
Wide Bands Range Expansion 0.00%
Gapped Up Strength 0.00%
Spinning Top Other 13.51%
Wide Bands Range Expansion 13.51%
Wide Bands Range Expansion 10.27%
Multiple of Ten Bullish Other 15.45%

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Profile

The investment seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the S&P 500®. The fund invests in securities and derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as two times (2x) 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 Stock Market Index Real Estate Investment Trust Leveraged ETF Ultra ETF S&P 500 Index Cboe Capitalization Weighted Index Real Estate Investment Trusts

Is SSO 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 166.5
52 Week Low 64.895
Average Volume 3,841,012
200-Day Moving Average 132.16
50-Day Moving Average 124.55
20-Day Moving Average 86.78
10-Day Moving Average 86.23
Average True Range 9.75
ADX 38.95
+DI 19.89
-DI 25.30
Chandelier Exit (Long, 3 ATRs ) 98.31
Chandelier Exit (Short, 3 ATRs ) 94.15
Upper Bollinger Band 109.64
Lower Bollinger Band 63.93
Percent B (%b) 0.65
BandWidth 52.67
MACD Line -10.52
MACD Signal Line -13.55
MACD Histogram 3.0288
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 103.53
Resistance 3 (R3) 102.84 98.78 101.84
Resistance 2 (R2) 98.78 96.20 99.12 101.28
Resistance 1 (R1) 96.09 94.61 97.44 96.78 100.72
Pivot Point 92.03 92.03 92.70 92.38 92.03
Support 1 (S1) 89.35 89.46 90.69 90.04 86.10
Support 2 (S2) 85.29 87.86 85.63 85.54
Support 3 (S3) 82.60 85.29 84.98
Support 4 (S4) 83.29