PROSHARES ULTRA BLOOMBERG NA (BOIL) Technical Analysis
NYSEARCA:BOIL • US74347Y7489
Current stock price
BOIL Technical Rating and Analysis
Overall BOIL gets a technical rating of 0 out of 10. 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 short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, BOIL is a bad performer in the overall market: 94% of all stocks are doing better.
- BOIL is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
- In the last month BOIL has a been trading in the 13.48 - 20.17 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- BOIL has an average volume of 13675300 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
BOIL Weekly and Daily overview Charts
BOIL Setup Rating and Analysis
The technical rating of BOIL is bad and it also does not present a quality setup 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
BOIL Support and Resistance Analysis
13.58
BOIL Technical Indicator Signal Analysis
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 | 6.31 | NEGATIVE | BOIL has a low relative strength, it was outperformed by 93.69% 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) | 35.37 | NEUTRAL | The RSI value for BOIL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.19 | NEGATIVE | The MACD value suggests BOIL has a negative trend. |
| Stochastics (14,3) | 5.56 | OVERSOLD | The low Stochastics value suggests BOIL may be oversold. |
| Average True Range in percent/ATR (20) | 8.93 | HIGH VOLATILITY | The high ATR as a percentage value for BOIL suggests high volalility. |
| Average Directional Index/ADX (14) | 8.21 | NEGATIVE | The low ADX value for BOIL suggests a weak or negative trend. |
BOIL Chart- and CandleStick Pattern Analysis
BOIL Technicals: Chart, Performance Metrics, Trend & Indicators
13.72
-0.15 (-1.08%)
PROSHARES ULTRA BLOOMBERG NA / BOIL TA 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 BOIL stock?
PROSHARES ULTRA BLOOMBERG NA (BOIL) has an RSI value of 35.3716. This indicates that the stock is currently neutral.
What is the MACD signal for BOIL stock?
The MACD indicator for PROSHARES ULTRA BLOOMBERG NA (BOIL) has a value of -0.192952, indicating a bearish trend.
Can you provide the buy/sell signal for PROSHARES ULTRA BLOOMBERG NA?
The buy/sell signal for PROSHARES ULTRA BLOOMBERG NA (BOIL) is sell as both the short term and long term trends are negative.