Technical Analysis for UWM - ProShares Ultra Russell2000

Grade Last Price % Change Price Change
B 108.97 4.14% 4.33
UWM closed up 4.14 percent on Friday, March 5, 2021, on 2.52 times normal volume. The stock rose above its 50 day moving average, improving its intermediate-term outlook by crossing above that important trendline. The price action carved out a bullish hammer (or hammer-like) candlestick pattern. That may indicate an upside reversal. Look for price to trade above the high of the hammer for confirmation.

Trend Table & Recent EOD Signals

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

Date Alert Name Type % Chg
Crossed Above 50 DMA Bullish 0.00%
Hammer Candlestick Bullish 0.00%
Lizard Bullish Bullish Day Trade Setup 0.00%
Non-ADX 1,2,3,4 Bullish Bullish Swing Setup 0.00%
Pocket Pivot Bullish Swing Setup 0.00%
Doji - Bullish? Reversal 0.00%
Multiple of Ten Bullish Other 0.00%
Lower Bollinger Band Touch Weakness 0.00%
Fell Below 50 DMA Bearish 4.14%
Expansion Pivot Sell Setup Bearish Swing Setup 4.14%
Older End-of-Day Signals for UWM ...

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

Alert Time
Trending on StockTwits about 9 hours ago
Trending on StockTwits about 19 hours ago
Possible Pocket Pivot 1 day ago
50 DMA Support 1 day ago
Rose Above 50 DMA 1 day ago
View Earlier Intraday Alerts

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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.
Classification

Keywords: Exchange Traded Fund ETF Stock Market Index Leveraged ETF Ultra ETF Russell Indexes Capitalization Weighted Index Russell 2000 Price Return Usd Russell 2000 Index Russell 3000 Index Russell 3000 Cash (New York) Index

Top 10 Components

Symbol Grade Price % Change Allocation
PLUG D -1.80 0.59
PENN C -0.60 0.40
CZR B 2.74 0.34
RUN F -1.78 0.31
DAR A 8.24 0.25
IIVI D -1.32 0.23
MRTX D 5.29 0.22
LAD B 4.89 0.21
RARE D -0.11 0.21
BLDR B 2.84 0.21
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 122.8122
52 Week Low 23.2
Average Volume 544,928
200-Day Moving Average 70.29
50-Day Moving Average 105.92
20-Day Moving Average 115.02
10-Day Moving Average 112.43
Average True Range 6.18
ADX 21.5
+DI 17.79
-DI 33.97
Chandelier Exit (Long, 3 ATRs ) 104.27
Chandelier Exit (Short, 3 ATRs ) 117.38
Upper Bollinger Band 123.69
Lower Bollinger Band 106.36
Percent B (%b) 0.15
BandWidth 15.06
MACD Line 1.01
MACD Signal Line 2.69
MACD Histogram -1.6797
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 124.83
Resistance 3 (R3) 123.21 116.30 122.18
Resistance 2 (R2) 116.30 112.27 117.11 121.30
Resistance 1 (R1) 112.64 109.77 114.47 114.26 120.42
Pivot Point 105.73 105.73 106.65 106.54 105.73
Support 1 (S1) 102.07 101.70 103.90 103.69 97.52
Support 2 (S2) 95.16 99.20 95.97 96.64
Support 3 (S3) 91.50 95.16 95.76
Support 4 (S4) 93.12