Technical Analysis for UGE - ProShares Ultra Consumer Goods

Grade Last Price % Change Price Change
grade A 48.8013 0.60% 0.29
UGE closed up 0.6 percent on Friday, November 15, 2019, on 19 percent of normal volume. The bulls were able to push the stock to a new 52-week high. 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 Up Up Up
See historical UGE trend table...

Date Alert Name Type % Chg
MACD Bullish Signal Line Cross Bullish 0.00%
New 52 Week Closing High Bullish 0.00%
Bollinger Band Squeeze Range Contraction 0.00%
Narrow Range Bar Range Contraction 0.00%
New 52 Week High Strength 0.00%
Stochastic Reached Overbought Strength 0.00%
BB Squeeze + Upper Band Touch Range Contraction 0.00%
Above Upper BB Strength 0.00%
Gapped Up Strength 0.00%
Overbought Stochastic Strength 0.00%

Older signals for UGE ...

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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 Dow Jones U.S. Consumer GoodsSM Index. 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 measures the performance of consumer spending in the goods sector of the U.S. equity market. The fund is non-diversified.
Exchange Traded Fund Index Financial Law Silver Exchange Traded Product Derivative Dow Jones & Company Wagering Dow Jones U.S. Consumer Goods Total Return Index
Is UGE a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 3 bullish, 0 bearish and 2 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 48.8013
52 Week Low 31.33
Average Volume 1,071
200-Day Moving Average 44.2174
50-Day Moving Average 47.3719
20-Day Moving Average 48.1518
10-Day Moving Average 48.1182
Average True Range 0.3745
ADX 15.41
+DI 49.8398
-DI 26.1081
Chandelier Exit (Long, 3 ATRs ) 47.6778
Chandelier Exit (Short, 3 ATRs ) 47.8535
Upper Bollinger Band 48.7397
Lower Bollinger Band 47.5639
Percent B (%b) 1.05
BandWidth 2.441861
MACD Line 0.3386
MACD Signal Line 0.3279
MACD Histogram 0.0107
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 48.94
Resistance 3 (R3) 48.92 48.86 48.92
Resistance 2 (R2) 48.86 48.83 48.87 48.91
Resistance 1 (R1) 48.83 48.81 48.85 48.85 48.90
Pivot Point 48.77 48.77 48.78 48.78 48.77
Support 1 (S1) 48.74 48.74 48.76 48.76 48.70
Support 2 (S2) 48.68 48.71 48.69 48.69
Support 3 (S3) 48.65 48.68 48.69
Support 4 (S4) 48.66