ProShares UltraShort Australian Dollar (CROC) Stock Technical Analysis
USA - NYSEARCA:CROC - US74347W4603 - ETF
50.7233 USD
+0.98 (+1.98%)
We assign a technical rating of 10 out of 10 to CROC. Both in the recent history as in the last year, CROC has proven to be a steady performer, scoring decent points in every aspect analyzed.
Warning: CROC has an average volume of 2052 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, CROC did better than 91% of all other stocks.
CROC 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 CROC is lagging the market slightly.
In the last month CROC has a been trading in the 43.54 - 51.09 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days.
Although CROC has an excellent technical rating, it does not offer a high 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
43.67
54.16
3 important support areas can be observed.
- A support zone ranging from 49.96 to 50.70. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 48.06 to 48.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 44.11 to 45.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 52.19 to 52.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @53.62 from a horizontal line in the weekly 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 CROC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CROC is up. |
| ChartMill Relative Strength | 91.36 | POSITIVE | CROC has a high relative strength, it outperformed 91.36% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CROC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CROC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CROC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 72.65 | OVERBOUGHT | The high RSI value suggests CROC may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.53 | POSITIVE | The MACD value suggests CROC has a positive trend. |
| Stochastics (14,3) | 94.39 | OVERBOUGHT | The high Stochastics value suggests CROC may be overbought. |
| Average True Range in percent/ATR (20) | 1.52 | LOW VOLATILITY | The low ATR as a percentage value for CROC suggests low volalility. |
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)
ProShares UltraShort Australian Dollar
NYSEARCA:CROC (5/2/2022, 8:04:02 PM)
50.7233
+0.98 (+1.98%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.98%
1 Week3.6%
2 Weeks8.11%
1 Month12.55%
3 Month-0.24%
6 Month8.62%
12 Month20.12%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.84
ATR(20)%1.52%
ATR Inc58.2%
Range Today0.73
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.36
3 months CRSN/A
6 months CRSN/A
Mansfield1.36
10 Day High51.09
10 Day Low45.69
20 Day High51.09
20 Day Low43.54
52 Week High52.22
52 Week Low42.33
CS1 End50.7
CR1 Start52.19
Volume & EV
DER(3)2.07%
DER(5)0.73%
Volume35.00K
Volume Incr690.91%
Vol(5)8.70K
Vol(50)2.05K