PROSHARES LONG ONLINE/SHORT (CLIX) Stock Technical Analysis
NYSEARCA:CLIX - NYSE Arca - US74347B3758 - ETF - Currency: USD
Taking everything into account, CLIX scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, CLIX has proven to be a steady performer, scoring decent points in every aspect analyzed.
Warning: CLIX has an average volume of 1130 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that CLIX is one of the better performing stocks in the market, outperforming 80% of all stocks. On top of that, CLIX also shows a nice and consistent pattern of rising prices.
CLIX is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so CLIX is lagging the market slightly.
In the last month CLIX has a been trading in the 51.87 - 56.09 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Volume is considerably higher in the last couple of days.
CLIX has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 53.71, a Stop Loss order could be placed below this zone.
More info and screens
40.82
56.44
When analyzing the support we can see 4 important areas.
- A support zone ranging from 53.28 to 53.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @44.01 from a trend line in the weekly time frame.
- Support @42.66 from a trend line in the weekly time frame.
- Support @41.23 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 53.78 to 54.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @55.88 from a horizontal 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 | UP | POSITIVE | The long term trend for CLIX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CLIX is up. |
| ChartMill Relative Strength | 80.09 | POSITIVE | CLIX has a high relative strength, it outperformed 80.09% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of CLIX is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CLIX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CLIX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.36 | NEUTRAL | The RSI value for CLIX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.22 | NEGATIVE | The MACD value suggests CLIX has a negative trend. |
| Stochastics (14,3) | 22.49 | NEUTRAL | The Stochastics value for CLIX is a neutral value. |
| Average True Range in percent/ATR (20) | 1.23 | LOW VOLATILITY | The low ATR as a percentage value for CLIX suggests low volalility. |
| Average Directional Index/ADX (14) | 20.94 | NEUTRAL | The ADX value for CLIX suggests a possible start of a new 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 54.70 | 53.27 | 1.43 (2.61%) | 25.00% |
| An entry @54.70. This is a Buy Stop order right above the resistance zone. | An exit @53.27. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.43 points, which is 2.61%. | For a 0.65% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
53.7214
+0.41 (+0.76%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.76%
1 Week-3.86%
2 Weeks-2.2%
1 Month2.98%
3 Month13.76%
6 Month6.45%
12 Month27.91%
2 Year45.81%
3 Year46.1%
5 Year-39.69%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.79
ATR(20)%1.23%
ATR Inc7.95%
Range Today0.71
ADR(20)0.38
ADR(20)%0.7%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.09
Mansfield0.39
10 Day High56.09
10 Day Low52.66
20 Day High56.09
20 Day Low51.87
52 Week High56.09
52 Week Low40.14
CS1 End53.71
CR1 Start53.78
Volume & EV
DER(3)0%
DER(5)-0.31%
Volume1.40K
Volume Incr600.67%
Vol(5)5.22K
Vol(50)1.13K