PROSHARES DECLINE OF THE RET (EMTY) Stock Technical Analysis
NYSEARCA:EMTY - NYSE Arca - US74347B3675 - ETF - Currency: USD
Overall EMTY gets a technical rating of 0 out of 10. EMTY 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.
65% of all other stocks performed better in the past year than EMTY.
EMTY 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 EMTY is lagging the market.
EMTY is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
Warning: EMTY has an average volume of 12296 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Although the technical rating is bad, EMTY does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 12.60, a Stop Loss order could be placed below this zone.
More info and screens
12.23
14.96
We found 1 important support area.
- A support zone ranging from 12.35 to 12.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 12.83 to 12.96. 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 13.33 to 13.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @14.06 from a trend line in the weekly time frame.
- A resistance zone ranging from 14.37 to 14.81. 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 EMTY is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for EMTY is down. |
| ChartMill Relative Strength | 35.48 | NEUTRAL | EMTY is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of EMTY is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of EMTY is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of EMTY is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.39 | NEUTRAL | The RSI value for EMTY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests EMTY has a positive trend. |
| Stochastics (14,3) | 31.53 | NEUTRAL | The Stochastics value for EMTY is a neutral value. |
| Average True Range in percent/ATR (20) | 1.97 | LOW VOLATILITY | The low ATR as a percentage value for EMTY suggests low volalility. |
| Average Directional Index/ADX (14) | 19.65 | NEGATIVE | The low ADX value for EMTY 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)
NYSEARCA:EMTY (5/29/2025, 8:04:00 PM)
12.7677
+0.09 (+0.69%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.69%
1 Week0.53%
2 Weeks-1.47%
1 Month-6.64%
3 Month-5.94%
6 Month0.84%
12 Month-3.25%
2 Year-23.45%
3 Year-20.94%
5 Year-62.76%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.27
ATR(20)%1.97%
ATR Inc-29.85%
Range Today0.27
ADR(20)0.18
ADR(20)%1.4%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS35.48
Mansfield-0.86
10 Day High12.91
10 Day Low12.29
20 Day High13.78
20 Day Low12.29
52 Week High15.39
52 Week Low12.29
CS1 End12.6
CR1 Start12.83
Volume & EV
DER(3)0.65%
DER(5)-0.43%
Volume1.80K
Volume Incr36.6%
Vol(5)8.64K
Vol(50)12.30K