Technical Analysis for ZBIO - ProShares UltraPro Short NASDAQ Biotechnology

Grade Last Price % Change Price Change
grade F 14.7 -2.20% -0.33
ZBIO closed up 1.55 percent on Wednesday, January 16, 2019, on approximately normal volume. 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. 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 ZBIO trend table...

Date Alert Name Type % Chg
Jan 16 Hammer Candlestick Bullish -2.20%
Jan 16 Lizard Bullish Bullish Day Trade Setup -2.20%
Jan 16 Doji - Bullish? Reversal -2.20%
Jan 16 Wide Bands Range Expansion -2.20%
Jan 16 Oversold Stochastic Weakness -2.20%
Jan 15 180 Bearish Setup Bearish Swing Setup -0.68%
Jan 15 Wide Bands Range Expansion -0.68%
Jan 15 Oversold Stochastic Weakness -0.68%
Jan 14 Slingshot Bearish Bearish Swing Setup -6.25%
Jan 14 Stochastic Buy Signal Bullish -6.25%

Older signals for ZBIO ...

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Profile
The investment seeks daily investment results, before fees and expenses, that correspond to three times the inverse (-3x) of the daily performance of the NASDAQ Biotechnology Index®. The fund invests in derivatives that the advisor believes, should have similar daily return characteristics as three times the inverse of the daily return of the index. The index is a modified capitalization weighted index that includes securities of NASDAQ listed companies that are classified as either biotechnology or pharmaceutical according to the Industry Classification Benchmark which also meet other eligibility criteria determined by NASDAQ. The fund is non-diversified.
Is ZBIO 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 28.83
52 Week Low 12.53
Average Volume 20,461
200-Day Moving Average 17.6027
50-Day Moving Average 18.882
20-Day Moving Average 20.0503
10-Day Moving Average 16.265
Average True Range 1.5326
ADX 24.68
+DI 19.248
-DI 35.583
Chandelier Exit (Long, 3 ATRs ) 24.2322
Chandelier Exit (Short, 3 ATRs ) 18.9178
Upper Bollinger Band 28.6712
Lower Bollinger Band 11.4294
Percent B (%b) 0.21
BandWidth 85.992728
MACD Line -1.3982
MACD Signal Line -0.624
MACD Histogram -0.7742
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 16.25
Resistance 3 (R3) 16.14 15.64 16.04
Resistance 2 (R2) 15.64 15.33 15.69 15.97
Resistance 1 (R1) 15.33 15.14 15.49 15.44 15.91
Pivot Point 14.83 14.83 14.90 14.88 14.83
Support 1 (S1) 14.52 14.52 14.68 14.63 14.15
Support 2 (S2) 14.02 14.33 14.07 14.09
Support 3 (S3) 13.71 14.02 14.02
Support 4 (S4) 13.82