Technical Analysis for UGL - ProShares Ultra Gold

Grade Last Price % Change Price Change
grade A 79.99 3.96% 3.05
UGL closed up 3.96 percent on Tuesday, August 4, 2020, on 1.64 times normal volume. The bulls were able to push the stock to a new 52-week high. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Up
Historical UGL trend table...

Date Alert Name Type % Chg
New 52 Week Closing High Bullish 0.00%
Expansion Breakout Bullish Swing Setup 0.00%
New 52 Week High Strength 0.00%
Multiple of Ten Bearish Other 0.00%
Overbought Stochastic Strength 0.00%
Up 3 Days in a Row Strength 0.00%
New 52 Week Closing High Bullish 3.96%
Overbought Stochastic Strength 3.96%
New 52 Week Closing High Bullish 4.07%
Overbought Stochastic Strength 4.07%

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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.
Exchange Traded Fund ETF Institutional Investors Leveraged ETF Ultra ETF Silver Exchange Traded Product

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 80.08
52 Week Low 43.598
Average Volume 202,948
200-Day Moving Average 55.73
50-Day Moving Average 64.98
20-Day Moving Average 70.19
10-Day Moving Average 74.73
Average True Range 1.93
ADX 36.54
+DI 48.47
-DI 7.91
Chandelier Exit (Long, 3 ATRs ) 74.29
Chandelier Exit (Short, 3 ATRs ) 69.88
Upper Bollinger Band 80.27
Lower Bollinger Band 60.12
Percent B (%b) 0.99
BandWidth 28.71
MACD Line 3.84
MACD Signal Line 2.96
MACD Histogram 0.8759
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 85.21
Resistance 3 (R3) 84.66 82.37 84.34
Resistance 2 (R2) 82.37 81.04 82.65 84.05
Resistance 1 (R1) 81.18 80.22 81.78 81.73 83.76
Pivot Point 78.89 78.89 79.19 79.17 78.89
Support 1 (S1) 77.70 77.56 78.30 78.25 76.22
Support 2 (S2) 75.41 76.74 75.69 75.93
Support 3 (S3) 74.22 75.41 75.64
Support 4 (S4) 74.77