Technical Analysis for UYM - ProShares Ultra Basic Materials

Grade Last Price % Change Price Change
grade D 48.6671 -5.59% -2.88
UYM closed down 5.59 percent on Friday, August 23, 2019, on 28 percent of normal volume. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Weak or Absent Down Down Down
See historical UYM trend table...

Date Alert Name Type % Chg
Stochastic Reached Oversold Weakness 0.00%
Multiple of Ten Bearish Other 0.00%
Gapped Down Weakness 0.00%
Oversold Stochastic Weakness 0.00%
Narrow Range Bar Range Contraction -5.59%
Gapped Down Weakness -5.59%
Cup with Handle Other -7.23%
Narrow Range Bar Range Contraction -7.23%
NR7 Range Contraction -7.23%
Narrow Range Bar Range Contraction -6.07%

Older signals for UYM ...

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Profile
The investment seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the Dow Jones U.S. Basic MaterialsSM Index. The fund invests in 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 measures the performance of the basic materials sector of the U.S. equity market. The fund is non-diversified.
Exchange Traded Fund Financial Law Silver Exchange Traded Product Derivative Rate Of Return Wagering Dow Jones Us Basic Materials Sector Index
Is UYM a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 0 bullish, 3 bearish and 2 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 73.5
52 Week Low 41.7
Average Volume 5,425
200-Day Moving Average 54.7983
50-Day Moving Average 56.8268
20-Day Moving Average 53.9389
10-Day Moving Average 51.7701
Average True Range 1.6143
ADX 24.8
+DI 21.5007
-DI 47.0572
Chandelier Exit (Long, 3 ATRs ) 56.3271
Chandelier Exit (Short, 3 ATRs ) 53.51
Upper Bollinger Band 59.8367
Lower Bollinger Band 48.0411
Percent B (%b) 0.05
BandWidth 21.868447
MACD Line -1.8446
MACD Signal Line -1.4954
MACD Histogram -0.3492
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 52.00
Resistance 3 (R3) 52.37 51.63 51.45
Resistance 2 (R2) 51.63 50.78 51.45 51.26
Resistance 1 (R1) 50.15 50.26 49.78 49.78 51.08
Pivot Point 49.41 49.41 49.22 49.22 49.41
Support 1 (S1) 47.93 48.56 47.56 47.56 46.26
Support 2 (S2) 47.19 48.03 47.00 46.07
Support 3 (S3) 45.70 47.19 45.89
Support 4 (S4) 45.33