PROSHARES ULTSHRT MSCI EAFE (EFU) Stock Technical Analysis
USA - NYSEARCA:EFU - US74349Y7388 - ETF
9.535 USD
-0.15 (-1.51%)
9.54 USD
+0 (+0.05%)
We assign a technical rating of 0 out of 10 to EFU. EFU 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 negative, as is the long term trend. There should be more interesting stocks out there.
90% of all other stocks performed better in the past year than EFU.
EFU is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
In the last month EFU has a been trading in the 9.54 - 10.32 range, which is quite wide. It is currently trading near the lows of this range.
Warning: EFU has an average volume of 1080 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Considerably lower volume is observed in the last couple of days.
The technical rating of EFU is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
9.44
16.80
When analyzing the resistance we notice 7 important areas.
- A resistance zone ranging from 9.82 to 10.00. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 10.33 to 10.40. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @10.60 from a horizontal line in the daily time frame.
- Resistance @10.87 from a trend line in the daily time frame.
- Resistance @11.64 from a horizontal line in the daily time frame.
- Resistance @15.58 from a trend line in the weekly time frame.
- Resistance @16.63 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 EFU is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for EFU is down. |
| ChartMill Relative Strength | 10.37 | NEGATIVE | EFU has a low relative strength, it was outperformed by 89.63% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of EFU is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of EFU is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of EFU is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 29.84 | OVERSOLD | The low RSI value suggests EFU may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests EFU has a negative trend. |
| Average True Range in percent/ATR (20) | 1.05 | LOW VOLATILITY | The low ATR as a percentage value for EFU suggests low volalility. |
| Average Directional Index/ADX (14) | 15.67 | NEGATIVE | The low ADX value for EFU 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)
9.535
-0.15 (-1.51%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.51%
1 Week-5.03%
2 Weeks-5.46%
1 Month-8.41%
3 Month-11.3%
6 Month-40.89%
12 Month-31.02%
2 Year-56.96%
3 Year-68.22%
5 Year-75.04%
10 Year-87.78%
15 Year-95.89%
Volatility
ATR(14)0.09
ATR(20)%1.05%
ATR Inc5.71%
Range Today0.1
ADR(20)0.03
ADR(20)%0.37%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.37
Mansfield-3.49
10 Day High10.19
10 Day Low9.54
20 Day High10.32
20 Day Low9.54
52 Week High17.37
52 Week Low9.54
CS1 EndN/A
CR1 Start9.82
Volume & EV
DER(3)0%
DER(5)0%
Volume600
Volume Incr-66.84%
Vol(5)320
Vol(50)1.08K