We assign a technical rating of 0 out of 10 to BOIL. BOIL scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of BOIL is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
15.57
We found 1 important resistance area.
- Resistance @18.19 from a trend line in the daily time frame.
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 | DOWN | NEGATIVE | The long term trend for BOIL is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BOIL is down. |
| ChartMill Relative Strength | 3.53 | NEGATIVE | BOIL has a low relative strength, it was outperformed by 96.47% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BOIL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BOIL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BOIL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 29.47 | OVERSOLD | The low RSI value suggests BOIL may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.63 | NEGATIVE | The MACD value suggests BOIL has a negative trend. |
| Stochastics (14,3) | 6.88 | OVERSOLD | The low Stochastics value suggests BOIL may be oversold. |
| Average True Range in percent/ATR (20) | 13.49 | HIGH VOLATILITY | The high ATR as a percentage value for BOIL suggests high volalility. |
| Average Directional Index/ADX (14) | 24.81 | NEUTRAL | The ADX value for BOIL suggests a possible start of a new trend. |
15.73
-2.49 (-13.67%)
PROSHARES ULTRA BLOOMBERG NA / BOIL FAQ
What is the technical rating for BOIL stock?
ChartMill assigns a technical rating of 0 / 10 to BOIL.
Can you provide the trend direction for PROSHARES ULTRA BLOOMBERG NA?
The current trend direction for PROSHARES ULTRA BLOOMBERG NA (BOIL) is Bearish.
What is the RSI signal for PROSHARES ULTRA BLOOMBERG NA (BOIL) stock?
PROSHARES ULTRA BLOOMBERG NA (BOIL) has an RSI value of 29.4734. This indicates that the stock is currently oversold.
Can you provide the short term momentum for PROSHARES ULTRA BLOOMBERG NA?
The short term momentum for PROSHARES ULTRA BLOOMBERG NA (BOIL) is negative.
What are the support and resistance levels for PROSHARES ULTRA BLOOMBERG NA (BOIL) stock?
PROSHARES ULTRA BLOOMBERG NA (BOIL) has a resistance level at 18.19. Check the full technical report for our detailed analysis of BOIL support and resistance levels.