PROSHARES ULTRASHORT FTSE EU (EPV)       10.56  +0.2 (+1.93%)

10.56  +0.2 (+1.93%)

US74348A4343 - ETF - After market: 10.67 +0.11 (+1.04%)

Technical Rating

0

Taking everything into account, EPV scores 0 out of 10 in our technical rating. EPV's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.



The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, EPV is a bad performer in the overall market: 87% of all stocks are doing better.
EPV is currently trading near the lower end of its 52 week range, which is not a good sign. EPV is lagging the S&P500 Index which is trading in the middle of its 52 week range.
In the last month EPV has a been trading in the 10.24 - 12.21 range, which is quite wide. It is currently trading near the lows of this range.

Statistics

1 Month 3 Months 6 Months 12 Months -13.51% -32.09% -26.92% -10.16% SMA(20) SMA(50) SMA(100) SMA(200) RS 52 Wk Range ST Trend LT Trend 13.08 10.24 - 20.65
EPV Weekly chart
EPV Daily chart

Support/Resistance Analysis


10.25

17.37
We found 1 important support area.
  • Support @10.35 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
  • A resistance zone ranging from 10.77 to 10.81. 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 12.25 to 12.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @17.20 from a horizontal line in the daily time frame.

Setup Analysis

Setup Rating

6

Although the technical rating is bad, EPV does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period.


EPV Daily chart

PROSHARES ULTRASHORT FTSE EU10.56

NYSEARCA:EPV (2/3/2023, 7:04:00 PM)+0.2 (+1.93%)

After market: 10.67 +0.11 (+1.04%)

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

Performance
Today 1.93% 1 Week -0.94%
2 Weeks -1.68% 1 Month -13.51%
3 Month -32.09% 6 Month -26.92%

Volatility
ATR(14) 0.25 ATR(20)% 2.57%
ATR Inc -4.86% Range Today 0.23

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

Relative Strength & Ranges
CRS 13.08 Mansfield -2.83
10 Day High 10.86 10 Day Low 10.24
20 Day High 12.21 20 Day Low 10.24
52 Week High 20.65 52 Week Low 10.24
CS1 End 10.35 CR1 Start 10.77

Volume & EV
DER(3) -3.47% DER(5) -2.97%
Volume 261.70K Volume Incr -15.86%
Vol(5) 406.41K Vol(50) 529.89K

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