Technical Analysis for UWM - ProShares Ultra Russell2000

Grade Last Price % Change Price Change
grade D 60.56 1.46% 0.87
UWM closed up 1.46 percent on Wednesday, January 16, 2019, on 1.35 times normal volume. It ran into resistance at its 50 day moving average. 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 Down Down Up
See historical UWM trend table...

Date Alert Name Type % Chg
Jan 16 50 DMA Resistance Bearish 0.00%
Jan 16 Multiple of Ten Bullish Other 0.00%
Jan 16 Weak + Overbought Other 0.00%
Jan 16 Wide Bands Range Expansion 0.00%
Jan 16 Overbought Stochastic Strength 0.00%
Jan 15 Pocket Pivot Bullish Swing Setup 1.46%
Jan 15 Volume Surge Other 1.46%
Jan 15 Weak + Overbought Other 1.46%
Jan 15 Overbought Stochastic Strength 1.46%
Jan 14 Narrow Range Bar Range Contraction 3.26%

Older signals for UWM ...

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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.
Is UWM 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 89.24
52 Week Low 46.25
Average Volume 282,568
200-Day Moving Average 74.6573
50-Day Moving Average 61.0274
20-Day Moving Average 54.457
10-Day Moving Average 57.802
Average True Range 2.3663
ADX 25.53
+DI 29.0237
-DI 19.2733
Chandelier Exit (Long, 3 ATRs ) 54.0111
Chandelier Exit (Short, 3 ATRs ) 53.3489
Upper Bollinger Band 62.9295
Lower Bollinger Band 45.9845
Percent B (%b) 0.86
BandWidth 31.116294
MACD Line -0.0105
MACD Signal Line -1.3323
MACD Histogram 1.3218
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 62.54
Resistance 3 (R3) 62.50 61.81 62.21
Resistance 2 (R2) 61.81 61.30 61.83 62.10
Resistance 1 (R1) 61.18 60.99 61.50 61.22 61.99
Pivot Point 60.49 60.49 60.64 60.51 60.49
Support 1 (S1) 59.86 59.98 60.18 59.90 59.13
Support 2 (S2) 59.17 59.67 59.19 59.02
Support 3 (S3) 58.54 59.17 58.91
Support 4 (S4) 58.58