Technical Analysis for TWM - ProShares UltraShort Russell2000

Grade Last Price % Change Price Change
grade D 17.29 -1.76% -0.31
TWM closed down 1.76 percent on Thursday, January 17, 2019, on 58 percent of normal volume. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Strong Up Down Down
See historical TWM trend table...

Date Alert Name Type % Chg
Jan 17 Wide Bands Range Expansion 0.00%
Jan 17 Down 3 Days in a Row Weakness 0.00%
Jan 17 Oversold Stochastic Weakness 0.00%
Jan 16 Narrow Range Bar Range Contraction -1.76%
Jan 16 Wide Bands Range Expansion -1.76%
Jan 16 Gapped Down Weakness -1.76%
Jan 16 Oversold Stochastic Weakness -1.76%
Jan 15 180 Bearish Setup Bearish Swing Setup -3.08%
Jan 15 Narrow Range Bar Range Contraction -3.08%
Jan 15 Strong but Oversold Other -3.08%

Older signals for TWM ...

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Profile
The investment seeks daily investment results that correspond to two times the inverse (-2x) 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 two times the inverse (-2x) 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.
Is TWM 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, 3 bearish and 1 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 23.55
52 Week Low 13.0
Average Volume 1,540,083
200-Day Moving Average 15.6768
50-Day Moving Average 18.2562
20-Day Moving Average 19.7495
10-Day Moving Average 18.113
Average True Range 0.8081
ADX 26.54
+DI 17.249
-DI 30.7742
Chandelier Exit (Long, 3 ATRs ) 21.1257
Chandelier Exit (Short, 3 ATRs ) 19.5843
Upper Bollinger Band 23.3789
Lower Bollinger Band 16.1201
Percent B (%b) 0.16
BandWidth 36.754348
MACD Line -0.3483
MACD Signal Line 0.0615
MACD Histogram -0.4097
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 18.15
Resistance 3 (R3) 18.20 17.96 18.00
Resistance 2 (R2) 17.96 17.75 17.94 17.95
Resistance 1 (R1) 17.63 17.61 17.51 17.58 17.91
Pivot Point 17.39 17.39 17.34 17.37 17.39
Support 1 (S1) 17.06 17.18 16.94 17.01 16.67
Support 2 (S2) 16.82 17.04 16.80 16.63
Support 3 (S3) 16.49 16.82 16.58
Support 4 (S4) 16.44