PROSHARES SHORT DOW30 (DOG) Stock Technical Analysis
NYSEARCA:DOG - NYSE Arca - US74347B2354 - ETF - Currency: USD
We assign a technical rating of 0 out of 10 to DOG. 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.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, DOG is a bad performer in the overall market: 73% of all stocks are doing better.
DOG is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so DOG is lagging the market.
DOG has an average volume of 1075870 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month DOG has a been trading in a tight range between 26.19 and 27.27.
DOG has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately.
More info and screens
25.04
30.33
When analyzing the support we notice one important area.
- A support zone ranging from 25.29 to 25.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 26.57 to 27.18. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 28.67 to 28.81. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A resistance zone ranging from 29.49 to 30.03. 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 | DOWN | NEGATIVE | The long term trend for DOG is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for DOG is neutral. |
| ChartMill Relative Strength | 27.35 | NEGATIVE | DOG has a low relative strength, it was outperformed by 72.65% 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) | 45.68 | NEUTRAL | The RSI value for DOG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests DOG has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 70.18 | NEUTRAL | The Stochastics value for DOG is a neutral value. |
| Average True Range in percent/ATR (20) | 1.07 | LOW VOLATILITY | The low ATR as a percentage value for DOG suggests low volalility. |
| Average Directional Index/ADX (14) | 9.45 | NEGATIVE | The low ADX value for DOG 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)
26.56
-0.25 (-0.93%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.93%
1 Week-0.86%
2 Weeks0.61%
1 Month-1.37%
3 Month-2.67%
6 Month1.18%
12 Month-8.03%
2 Year-17.85%
3 Year-26.67%
5 Year-44.48%
10 Year-71.19%
15 Year-87.71%
Volatility
ATR(14)0.27
ATR(20)%1.07%
ATR Inc11.69%
Range Today0.39
ADR(20)0.25
ADR(20)%0.93%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS27.35
Mansfield-0.6
10 Day High26.95
10 Day Low26.19
20 Day High27.27
20 Day Low26.19
52 Week High30.81
52 Week Low25.21
CS1 End25.74
CR1 Start26.57
Volume & EV
DER(3)-3.59%
DER(5)0.76%
Volume952.80K
Volume Incr4.83%
Vol(5)906.25K
Vol(50)1.08M