PROSHARES ULTRA CRCL (CRCA) Stock Technical Analysis
USA - NYSEARCA:CRCA - US74349Y4310 - ETF
13.44 USD
+0.84 (+6.67%)
13.62 USD
+0.18 (+1.34%)
Overall CRCA gets a technical rating of 1 out of 10. In the last year, CRCA was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
When comparing the yearly performance of all stocks, CRCA is a bad performer in the overall market: 100% of all stocks are doing better.
In the last month CRCA has a been trading in the 11.91 - 20.45 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.
CRCA has an average volume of 3651440 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
Although the technical rating is bad, CRCA does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 12.59, a Stop Loss order could be placed below this zone.
More info and screens
12.46
13.57
When analyzing the support we notice one important area.
- A support zone ranging from 12.59 to 12.59. 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 CRCA is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CRCA is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | CRCA has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CRCA is below a declining SMA(20). |
| Relative Strength Index/RSI (14) | 43.2 | NEUTRAL | The RSI value for CRCA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.56 | NEGATIVE | The MACD value suggests CRCA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 9.3 | OVERSOLD | The low Stochastics value suggests CRCA may be oversold. |
| Average True Range in percent/ATR (20) | 17.07 | HIGH VOLATILITY | The high ATR as a percentage value for CRCA suggests high volalility. |
| Average Directional Index/ADX (14) | 13.31 | NEGATIVE | The low ADX value for CRCA 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)
13.44
+0.84 (+6.67%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg6.67%
1 Week-10.22%
2 Weeks-24.92%
1 Month-15.89%
3 MonthN/A
6 MonthN/A
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.56
ATR(20)%17.07%
ATR Inc-43.71%
Range Today1.47
ADR(20)2.18
ADR(20)%16.21%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High20.45
10 Day Low11.92
20 Day High20.45
20 Day Low11.92
52 Week HighN/A
52 Week LowN/A
CS1 End12.59
CR1 StartN/A
Volume & EV
DER(3)-5.32%
DER(5)-2.75%
Volume5.01M
Volume Incr-10.88%
Vol(5)4.64M
Vol(50)3.65M