Technical Analysis for SSO - ProShares Ultra S&P500

Grade Last Price % Change Price Change
grade C 104.88 2.64% 2.70
SSO closed up 2.64 percent on Friday, January 18, 2019, on 75 percent of normal volume. The stock rose above its 50 day moving average, improving its intermediate-term outlook by crossing above that important trendline. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a pullback should not be unexpected.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Weak or Absent Down Up Up
See historical SSO trend table...

Date Alert Name Type % Chg
Jan 18 Stochastic Sell Signal Bearish 0.00%
Jan 18 Crossed Above 50 DMA Bullish 0.00%
Jan 18 MACD Bullish Centerline Cross Bullish 0.00%
Jan 18 Pocket Pivot Bullish Swing Setup 0.00%
Jan 18 Gapped Up Strength 0.00%
Jan 18 Overbought Stochastic Strength 0.00%
Jan 18 Up 3 Days in a Row Strength 0.00%
Jan 18 Up 4 Days in a Row Strength 0.00%
Jan 17 50 DMA Resistance Bearish 2.64%
Jan 17 Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 2.64%

Older signals for SSO ...

Free Daily (Stock) Chart Reading

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 (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.
Is SSO a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 1 bullish, 1 bearish and 3 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 129.98
52 Week Low 81.39
Average Volume 2,872,803
200-Day Moving Average 112.7928
50-Day Moving Average 102.4572
20-Day Moving Average 94.814
10-Day Moving Average 99.636
Average True Range 3.5456
ADX 20.79
+DI 29.071
-DI 20.493
Chandelier Exit (Long, 3 ATRs ) 94.6932
Chandelier Exit (Short, 3 ATRs ) 92.0268
Upper Bollinger Band 106.1766
Lower Bollinger Band 83.4514
Percent B (%b) 0.94
BandWidth 23.96819
MACD Line 0.381
MACD Signal Line -1.3082
MACD Histogram 1.6892
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 108.18
Resistance 3 (R3) 107.96 106.65 107.63
Resistance 2 (R2) 106.65 105.81 106.76 107.45
Resistance 1 (R1) 105.76 105.29 106.21 105.98 107.26
Pivot Point 104.45 104.45 104.67 104.56 104.45
Support 1 (S1) 103.56 103.61 104.01 103.78 102.50
Support 2 (S2) 102.25 103.09 102.36 102.31
Support 3 (S3) 101.36 102.25 102.13
Support 4 (S4) 101.58