Overall DOG gets a technical rating of 0 out of 10. DOG'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.
DOG has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 23.65, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for DOG in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
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23.30
When analyzing the support we notice one important area.
- A support zone ranging from 23.54 to 23.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 23.75 to 25.09. This zone is formed by a combination of multiple trend lines and important moving averages 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 @29.77 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 | DOWN | NEGATIVE | The long term trend for DOG is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for DOG is down. |
| ChartMill Relative Strength | 26.27 | NEGATIVE | DOG has a low relative strength, it was outperformed by 73.73% 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) | DOWN | NEGATIVE | The current price of DOG is below a declining 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) | 40.43 | NEUTRAL | The RSI value for DOG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests DOG has a negative trend. |
| Stochastics (14,3) | 14.54 | OVERSOLD | The low Stochastics value suggests DOG may be oversold. |
| Average True Range in percent/ATR (20) | 1.22 | LOW VOLATILITY | The low ATR as a percentage value for DOG suggests low volalility. |
| Average Directional Index/ADX (14) | 15.83 | NEGATIVE | The low ADX value for DOG suggests a weak or negative trend. |
23.66
-0.24 (-1%)
PROSHARES SHORT DOW30 / DOG FAQ
Can you provide the ChartMill technical rating for PROSHARES SHORT DOW30?
ChartMill assigns a technical rating of 0 / 10 to DOG.
What is the current trend direction of PROSHARES SHORT DOW30 (DOG) stock?
The current trend direction for PROSHARES SHORT DOW30 (DOG) is Bearish.
What is the RSI signal for PROSHARES SHORT DOW30 (DOG) stock?
PROSHARES SHORT DOW30 (DOG) has an RSI value of 40.431. This indicates that the stock is currently neutral.
What is the buy/sell signal for PROSHARES SHORT DOW30 (DOG) stock?
The buy/sell signal for PROSHARES SHORT DOW30 (DOG) is sell as both the short term and long term trends are negative.
What is the support and resistance level for DOG stock?
PROSHARES SHORT DOW30 (DOG) has a support level at 23.65 and a resistance level at 23.75. Check the full technical report for our detailed analysis of DOG support and resistance levels.