PROSHARES SHORT DOW30 (DOG) Stock Technical Analysis
NYSEARCA:DOG - US74347B2354 - ETF
24.87 USD
+0.04 (+0.16%)
25.01 USD
+0.14 (+0.56%)
Overall DOG gets a technical rating of 0 out of 10. 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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
83% of all other stocks performed better in the past year than DOG.
DOG is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
DOG has an average volume of 1114960 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 24.75 and 25.82.
DOG has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 24.82, 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.
More info and screens
24.57
30.07
When analyzing the support we notice one important area.
- A support zone ranging from 24.82 to 24.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 24.89 to 26.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @28.05 from a trend line in the weekly 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 | 17.56 | NEGATIVE | DOG has a low relative strength, it was outperformed by 82.44% 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) | 38.46 | NEUTRAL | The RSI value for DOG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests DOG has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 11.25 | OVERSOLD | The low Stochastics value suggests DOG may be oversold. |
| Average True Range in percent/ATR (20) | 0.87 | LOW VOLATILITY | The low ATR as a percentage value for DOG suggests low volalility. |
| Average Directional Index/ADX (14) | 22.15 | NEUTRAL | The ADX value for DOG suggests a possible start of a new 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)
24.87
+0.04 (+0.16%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.16%
1 Week0.2%
2 Weeks-1.19%
1 Month-4.09%
3 Month-6.89%
6 Month-4.31%
12 Month-9.5%
2 Year-23.12%
3 Year-29.43%
5 Year-42.26%
10 Year-74.37%
15 Year-88.07%
Volatility
ATR(14)0.2
ATR(20)%0.87%
ATR Inc-33.12%
Range Today0.14
ADR(20)0.19
ADR(20)%0.78%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.56
Mansfield-1.45
10 Day High25.41
10 Day Low24.75
20 Day High25.82
20 Day Low24.75
52 Week High30.81
52 Week Low24.75
CS1 End24.82
CR1 Start24.89
Volume & EV
DER(3)3.54%
DER(5)1.69%
Volume1.02M
Volume Incr-23.37%
Vol(5)949.40K
Vol(50)1.11M