Technical Analysis for UWM - ProShares Ultra Russell2000

Grade Last Price % Change Price Change
B 61.14 2.02% 1.21
UWM closed up 2.02 percent on Friday, June 11, 2021, on 83 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. 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 EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Up
Historical UWM trend table...

Date Alert Name Type % Chg
180 Bullish Setup Bullish Swing Setup 0.00%
Pocket Pivot Bullish Swing Setup 0.00%
Narrow Range Bar Range Contraction 0.00%
NR7 Range Contraction 0.00%
Inside Day Range Contraction 0.00%
Overbought Stochastic Strength 0.00%
Stochastic Sell Signal Bearish 2.02%
Slingshot Bullish Bullish Swing Setup 2.02%
Multiple of Ten Bearish Other 2.02%
Overbought Stochastic Strength 2.02%
Older End-of-Day Signals for UWM ...

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

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.

Profile

The investment seeks daily investment results that correspond to two times (2x) the daily performance of the Russell 2000® Index. The fund invests in equity 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 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, which in turn represents approximately 98% of the investable U.S. equity market. It is non-diversified.
Classification

Keywords: Stock Market Index Capitalization Weighted Index Russell 2000 Index Russell 3000 Index

Top 10 Components

Symbol Grade Price % Change Allocation
CZR B -0.98 0.53
PENN F 2.53 0.34
GME D 5.88 0.33
PLUG C 1.14 0.31
DAR C -4.27 0.30
RH D -3.48 0.28
LAD F 1.87 0.28
DECK D 2.91 0.26
NVAX C 2.31 0.25
BLDR D 2.76 0.25
View All UWM Holdings

Is UWM 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 63.165
52 Week Low 21.145
Average Volume 611,955
200-Day Moving Average 46.03
50-Day Moving Average 57.13
20-Day Moving Average 57.61
10-Day Moving Average 59.70
Average True Range 1.78
ADX 10.64
+DI 25.02
-DI 22.70
Chandelier Exit (Long, 3 ATRs) 56.66
Chandelier Exit (Short, 3 ATRs) 56.33
Upper Bollinger Bands 62.37
Lower Bollinger Band 52.86
Percent B (%b) 0.87
BandWidth 16.50
MACD Line 1.23
MACD Signal Line 0.78
MACD Histogram 0.4441
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 62.37
Resistance 3 (R3) 62.24 61.70 62.17
Resistance 2 (R2) 61.70 61.39 61.77 62.10
Resistance 1 (R1) 61.42 61.19 61.56 61.55 62.03
Pivot Point 60.88 60.88 60.95 60.95 60.88
Support 1 (S1) 60.60 60.57 60.74 60.73 60.25
Support 2 (S2) 60.06 60.37 60.13 60.18
Support 3 (S3) 59.78 60.06 60.12
Support 4 (S4) 59.91