PROSHARES SHORT MSCI EAFE (EFZ)       18.46  +0.07 (+0.38%)

18.46  +0.07 (+0.38%)

US74347R3701 - ETF

Technical Rating

0

We assign a technical rating of 0 out of 10 to EFZ. EFZ scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.



Considerably lower volume is observed in the last couple of days.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
75% of all other stocks performed better in the past year than EFZ.
EFZ is currently trading near the lower end of its 52 week range, which is not a good sign. EFZ is lagging the S&P500 Index which is trading in the middle of its 52 week range.
In the last month EFZ has a been trading in the 18.34 - 20.02 range, which is quite wide. It is currently trading near the lows of this range.

Statistics

1 Month 3 Months 6 Months 12 Months -8.42% -16.79% -9.23% -1.66% SMA(20) SMA(50) SMA(100) SMA(200) RS 52 Wk Range ST Trend LT Trend 25.76 17.9346 - 24.46
EFZ Weekly chart
EFZ Daily chart

Support/Resistance Analysis


17.73

20.61
We found 2 important support areas.
  • A support zone ranging from 18.34 to 18.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @17.91 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
  • A resistance zone ranging from 18.47 to 18.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 20.15 to 20.41. This zone is formed by a combination of multiple trend lines in multiple time frames.

Setup Analysis

Setup Rating

6

Although the technical rating is bad, EFZ does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 18.38, a Stop Loss order could be placed below this zone.


EFZ Daily chart

PROSHARES SHORT MSCI EAFE18.46

NYSEARCA:EFZ (1/30/2023, 12:26:03 PM)+0.07 (+0.38%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS Sector N/A
GICS Industry N/A

Performance
Today 0.38% 1 Week -0.7%
2 Weeks -1.92% 1 Month -8.42%
3 Month -16.79% 6 Month -9.23%

Volatility
ATR(14) 0.19 ATR(20)% 1.27%
ATR Inc -44.21% Range Today 0.11

Trend & SMA
ST Trend LT Trend
SMA(5) SMA(10)
SMA(20) SMA(50)
SMA(100) SMA(200)

Relative Strength & Ranges
CRS 25.76 Mansfield -1.08
10 Day High 18.81 10 Day Low 18.34
20 Day High 20.02 20 Day Low 18.34
52 Week High 24.46 52 Week Low 17.93
CS1 End 18.38 CR1 Start 18.47

Volume & EV
DER(3) -3.88% DER(5) -5.5%
Volume 199.39K Volume Incr -64.1%
Vol(5) 81.74K Vol(50) 230.07K

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