Technical Analysis for UYM - ProShares Ultra Basic Materials

Grade Last Price % Change Price Change
B 28.82 2.79% 0.78
UYM closed up 2.79 percent on Wednesday, March 27, 2024, on 1.17 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.
0 Watchers
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Up

Date Alert Name Type % Chg
New 52 Week Closing High Bullish 0.00%
180 Bullish Setup Bullish Swing Setup 0.00%
New 52 Week High Strength 0.00%
Stochastic Reached Overbought Strength 0.00%
Gapped Up Strength 0.00%
Overbought Stochastic Strength 0.00%
MACD Bearish Signal Line Cross Bearish 2.79%
1,2,3 Pullback Bullish Bullish Swing Setup 2.79%
Non-ADX 1,2,3,4 Bullish Bullish Swing Setup 2.79%
Inside Day Range Contraction 2.79%

   Recent Intraday Alerts

Alert Time
60 Minute Opening Range Breakout about 20 hours ago
Up 2% about 20 hours ago
Gapped Up (Full) about 21 hours ago
Non-ADX 1,2,3,4 Pullback Entry about 21 hours ago
1,2,3, Pullback Entry about 21 hours ago

Get a Trading Assistant

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, 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.
Classification

Keywords: Exchange Traded Fund ETF Leveraged ETF Ultra ETF Silver Exchange Traded Product Wagering Dow Jones Us Basic Materials Sector Index

Top 10 Components

Symbol Grade Price % Change Allocation
LIN B -0.28 15.25
SHW B 1.43 5.52
FCX B 2.57 4.47
ECL A 1.55 3.92
APD D 2.22 3.53
NUE B 2.60 3.26
DOW B 1.87 2.74
NEM D 3.68 2.68
CTVA C 1.24 2.64
MLM B 0.29 2.56

Is UYM 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 28.83
52 Week Low 18.936
Average Volume 7,043
200-Day Moving Average 23.32
50-Day Moving Average 25.13
20-Day Moving Average 27.37
10-Day Moving Average 28.03
Average True Range 0.46
RSI (14) 74.55
ADX 40.05
+DI 44.45
-DI 16.76
Chandelier Exit (Long, 3 ATRs) 27.44
Chandelier Exit (Short, 3 ATRs) 26.36
Upper Bollinger Bands 29.08
Lower Bollinger Band 25.66
Percent B (%b) 0.93
BandWidth 12.47
MACD Line 0.94
MACD Signal Line 0.94
MACD Histogram -0.0005
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 29.65
Resistance 3 (R3) 29.56 29.19 29.51
Resistance 2 (R2) 29.19 28.98 29.24 29.46
Resistance 1 (R1) 29.01 28.85 29.10 29.10 29.42
Pivot Point 28.64 28.64 28.69 28.69 28.64
Support 1 (S1) 28.46 28.43 28.55 28.55 28.23
Support 2 (S2) 28.09 28.30 28.14 28.18
Support 3 (S3) 27.91 28.09 28.14
Support 4 (S4) 28.00