Technical Analysis for UGL - ProShares Ultra Gold

Grade Last Price % Change Price Change
D 89.87 -0.47% -0.42
UGL closed down 0.47 percent on Friday, November 15, 2024, on approximately normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. 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.
2 Watchers
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Down Down

Date Alert Name Type % Chg
NR7 Range Contraction 0.00%
Lower Bollinger Band Walk Weakness 0.00%
Multiple of Ten Bearish Other 0.00%
Inside Day Range Contraction 0.00%
Down 3 Days in a Row Weakness 0.00%
Down 4 Days in a Row Weakness 0.00%
Down 5 Days in a Row Weakness 0.00%
Oversold Stochastic Weakness 0.00%
Calm After Storm Range Contraction -0.47%
Lower Bollinger Band Walk Weakness -0.47%

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Profile

The investment seeks to provide daily investment results (before fees and expenses) that correspond to twice (200%) the daily performance of gold bullion as measured by the U.S. Dollar p.m. fixing price for delivery in London. The “Ultra” Funds seek daily results that match (before fees and expenses) two times (2x) the daily performance of a benchmark. The Ultra Funds do not seek to achieve their stated objective over a period greater than a single day.
Classification

Keywords: Exchange Traded Fund ETF Leveraged ETF Ultra ETF Silver Exchange Traded Product Bullion Ultra Fund

Is UGL 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 107.1999
52 Week Low 58.2
Average Volume 204,275
200-Day Moving Average 81.78
50-Day Moving Average 97.19
20-Day Moving Average 99.92
10-Day Moving Average 96.08
Average True Range 2.38
RSI (14) 32.43
ADX 30.15
+DI 18.06
-DI 42.00
Chandelier Exit (Long, 3 ATRs) 100.07
Chandelier Exit (Short, 3 ATRs) 96.70
Upper Bollinger Bands 110.53
Lower Bollinger Band 89.30
Percent B (%b) 0.03
BandWidth 21.25
MACD Line -1.81
MACD Signal Line -0.01
MACD Histogram -1.8025
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 91.68
Resistance 3 (R3) 91.83 91.37 91.38
Resistance 2 (R2) 91.37 90.91 91.30 91.28
Resistance 1 (R1) 90.62 90.62 90.39 90.47 91.18
Pivot Point 90.16 90.16 90.05 90.09 90.16
Support 1 (S1) 89.41 89.70 89.18 89.27 88.56
Support 2 (S2) 88.95 89.41 88.88 88.46
Support 3 (S3) 88.20 88.95 88.36
Support 4 (S4) 88.06