
PROSHARES SHORT DOW30 (DOG) Technical Analysis
NYSEARCA:DOG • US74347B2354
Current stock price
DOG Technical Rating and Analysis
Taking everything into account, DOG scores 1 out of 10 in our technical rating. DOG scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- When comparing the yearly performance of all stocks, DOG is a bad performer in the overall market: 79% of all stocks are doing better.
- DOG is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month DOG has a been trading in the 23.42 - 25.12 range, which is quite wide. It is currently trading near the lows of this range.
- DOG has an average volume of 7179340 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, the long term trend is neutral. Not much exciting going on here.
DOG Weekly and Daily overview Charts
DOG Setup Rating and Analysis
The technical rating of DOG 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
DOG Support and Resistance Analysis
22.35
2 important support areas can be observed.
- Support @23.36 from a horizontal line in the daily time frame.
- A support zone ranging from 22.58 to 22.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 5 important resistance areas.
- A resistance zone ranging from 23.65 to 24.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 24.81 to 25.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Strong resistance @25.58 from a horizontal line in the daily time frame.
- Resistance @28.81 from a horizontal line in the weekly time frame.
- Resistance @29.61 from a horizontal line in the weekly time frame.
DOG 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 | NEUTRAL | NEUTRAL | The long term trend for DOG is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for DOG is down. |
| ChartMill Relative Strength | 21.28 | NEGATIVE | DOG has a low relative strength, it was outperformed by 78.72% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DOG is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of DOG is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of DOG is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 40.04 | NEUTRAL | The RSI value for DOG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.18 | NEGATIVE | The MACD value suggests DOG has a negative trend. |
| Stochastics (14,3) | 7.06 | OVERSOLD | The low Stochastics value suggests DOG may be oversold. |
| Average True Range in percent/ATR (20) | 1.59 | LOW VOLATILITY | The low ATR as a percentage value for DOG suggests low volalility. |
| Average Directional Index/ADX (14) | 25.21 | POSITIVE | The high ADX value value for DOG suggests a strong trend. |
DOG Chart- and CandleStick Pattern Analysis
DOG Technicals: Chart, Performance Metrics, Trend & Indicators
23.49
-0.15 (-0.63%)
PROSHARES SHORT DOW30 / DOG TA FAQ
Can you provide the ChartMill technical rating for PROSHARES SHORT DOW30?
ChartMill assigns a technical rating of 1 / 10 to DOG.
What is the trend direction for DOG stock?
The current trend direction for PROSHARES SHORT DOW30 (DOG) is Bearish.
Can you provide the RSI signal for PROSHARES SHORT DOW30?
PROSHARES SHORT DOW30 (DOG) has an RSI value of 40.0445. This indicates that the stock is currently neutral.
What is the MACD signal for DOG stock?
The MACD indicator for PROSHARES SHORT DOW30 (DOG) has a value of -0.178248, indicating a bearish trend.