PROSHARES MSCI TRANSFORM CHG (ANEW) Stock Technical Analysis
NYSEARCA:ANEW - NYSE Arca - US74347G7960 - ETF - Currency: USD
We assign a technical rating of 9 out of 10 to ANEW. Both in the recent history as in the last year, ANEW has proven to be a steady performer, scoring decent points in every aspect analyzed.
Warning: ANEW has an average volume of 352 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, ANEW did better than 74% of all other stocks.
ANEW is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month ANEW has a been trading in a tight range between 48.36 and 50.43.
Although ANEW has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
40.52
50.93
When analyzing the support we can see 5 important areas.
- A support zone ranging from 49.77 to 50.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 48.36 to 48.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @47.53 from a horizontal line in the daily time frame.
- Support @42.79 from a trend line in the weekly time frame.
- Support @40.93 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 50.43 to 50.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for ANEW is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ANEW is up. |
| ChartMill Relative Strength | 74.47 | POSITIVE | ANEW has a high relative strength, it outperformed 74.47% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ANEW is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ANEW is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ANEW is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 60.16 | NEUTRAL | The RSI value for ANEW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests ANEW has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 63.47 | NEUTRAL | The Stochastics value for ANEW is a neutral value. |
| Average True Range in percent/ATR (20) | 0.67 | LOW VOLATILITY | The low ATR as a percentage value for ANEW suggests low volalility. |
| Average Directional Index/ADX (14) | 15.84 | NEGATIVE | The low ADX value for ANEW suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
NYSEARCA:ANEW (7/17/2025, 8:04:01 PM)
50.211
+0.22 (+0.44%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.44%
1 Week-0.21%
2 Weeks0.07%
1 Month3.08%
3 Month17.19%
6 Month8.61%
12 Month19.06%
2 Year31.32%
3 Year46.48%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.25
ATR(20)%0.67%
ATR Inc-3.36%
Range Today0.06
ADR(20)0.14
ADR(20)%0.27%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS74.47
Mansfield0.08
10 Day High50.43
10 Day Low49.6
20 Day High50.43
20 Day Low48.36
52 Week High50.43
52 Week Low37.49
CS1 End50.11
CR1 Start50.43
Volume & EV
DER(3)0%
DER(5)0%
Volume400
Volume Incr-38.18%
Vol(5)340
Vol(50)352