Technical Analysis for ZSL - ProShares UltraShort Silver

Grade Last Price % Change Price Change
grade D 37.8289 1.27% 0.47
ZSL closed up 1.27 percent on Tuesday, June 25, 2019, on 27 percent of normal volume. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Strong Down Down Down
See historical ZSL trend table...

Date Alert Name Type % Chg
New Downtrend Bearish 0.00%
Cup with Handle Other 0.00%
Oversold Stochastic Weakness 0.00%
Stochastic Buy Signal Bullish 1.27%
Oversold Stochastic Weakness 1.27%
Slingshot Bearish Bearish Swing Setup -0.08%
Oversold Stochastic Weakness -0.08%
Below Lower BB Weakness 1.26%
Down 3 Days in a Row Weakness 1.26%
Gapped Down Weakness 1.26%

Older signals for ZSL ...

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Basic chart:
Profile
The investment seeks to correspond (before fees and expenses) to two times the inverse (-2x) of the daily performance of silver bullion as measured by the London Silver Price. The fund invests principally in any one of or combinations of Financial Instruments, including swap agreements, futures contracts or forward contracts with respect to the applicable fund’s benchmark to the extent determined appropriate by the Sponsor. It may invest up to 100% of its assets in any of these types of cash or cash equivalent securities.
Exchange Traded Fund Futures Contract Silver Exchange Traded Product Swap
Is ZSL 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, 4 bearish and 1 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 45.75
52 Week Low 33.39
Average Volume 36,397
200-Day Moving Average 40.2331
50-Day Moving Average 40.8621
20-Day Moving Average 40.3271
10-Day Moving Average 39.2227
Average True Range 0.9551
ADX 26.08
+DI 18.6965
-DI 43.9465
Chandelier Exit (Long, 3 ATRs ) 41.0947
Chandelier Exit (Short, 3 ATRs ) 39.8153
Upper Bollinger Band 43.6191
Lower Bollinger Band 37.0351
Percent B (%b) 0.12
BandWidth 16.32649
MACD Line -0.9362
MACD Signal Line -0.5245
MACD Histogram -0.4117
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 38.99
Resistance 3 (R3) 38.97 38.58 38.79
Resistance 2 (R2) 38.58 38.28 38.58 38.73
Resistance 1 (R1) 38.20 38.10 38.39 38.21 38.66
Pivot Point 37.81 37.81 37.90 37.81 37.81
Support 1 (S1) 37.43 37.51 37.62 37.44 36.99
Support 2 (S2) 37.03 37.33 37.04 36.93
Support 3 (S3) 36.66 37.03 36.86
Support 4 (S4) 36.67