PROSHARES ULTRA DOW30 (DDM) Stock Technical Analysis
NYSEARCA:DDM - NYSE Arca - US74347R3057 - ETF - Currency: USD
Overall DDM gets a technical rating of 1 out of 10. DDM's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, DDM is a bad performer in the overall market: 64% of all stocks are doing better.
In the last month DDM has a been trading in the 71.32 - 87.40 range, which is quite wide. It is currently trading near the high of this range.
DDM is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, DDM does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 86.83. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 85.33, a Stop Loss order could be placed below this zone.
More info and screens
73.67
108.38
When analyzing the support we can see 3 important areas.
- A support zone ranging from 84.29 to 85.33. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 75.76 to 76.87. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @74.41 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 86.83 to 88.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 98.63 to 99.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @107.31 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS36.19
Mansfield-0.56
10 Day High87.4
10 Day Low79.15
20 Day High87.4
20 Day Low71.32
52 Week High107.6
52 Week Low69.08
Performance
1 Week2.27%
2 Weeks7.5%
1 Month17.67%
3 Month-16.28%
6 Month-16.18%
12 Month0.88%
2 Year38.31%
3 Year31.42%
5 Year118.06%
10 Year272.93%
15 Year1138.92%
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)
Technical Indicators
MACD(12,26,9)1.08
RSI(14)52.88
LBB75.51
UBB89.33
85.96
+1.11 (+1.31%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.31%
1 Week2.27%
2 Weeks7.5%
1 Month17.67%
3 Month-16.28%
6 Month-16.18%
12 Month0.88%
2 Year38.31%
3 Year31.42%
5 Year118.06%
10 Year272.93%
15 Year1138.92%
Volatility
ATR(14)2.84
ATR(20)%4.4%
ATR Inc-38.58%
Range Today1.72
ADR(20)3.34
ADR(20)%3.88%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS36.19
Mansfield-0.56
10 Day High87.4
10 Day Low79.15
20 Day High87.4
20 Day Low71.32
52 Week High107.6
52 Week Low69.08
CS1 End85.33
CR1 Start86.83
Volume & EV
DER(3)-0.98%
DER(5)-1.75%
Volume260.60K
Volume Incr-60.94%
Vol(5)180.16K
Vol(50)322.78K