PROSHARES SHORT MSCI EMR MKT (EUM) Stock Technical Analysis
NYSEARCA:EUM - NYSE Arca - US74349Y7461 - ETF - Currency: USD
We assign a technical rating of 0 out of 10 to EUM. EUM'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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
89% of all other stocks performed better in the past year than EUM.
EUM 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 EUM has a been trading in the 22.73 - 24.22 range, which is quite wide. It is currently trading near the lows of this range.
Warning: EUM has an average volume of 22662 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 EUM is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
22.56
27.90
We found 1 important support area.
- A support zone ranging from 22.79 to 22.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 5 important resistance areas.
- A resistance zone ranging from 23.24 to 23.55. 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 24.16 to 24.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @24.78 from a horizontal line in the daily time frame.
- Resistance @26.98 from a trend line in the weekly time frame.
- Resistance @27.62 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 EUM is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for EUM is down. |
| ChartMill Relative Strength | 11.14 | NEGATIVE | EUM has a low relative strength, it was outperformed by 88.86% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of EUM is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of EUM is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of EUM is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 28.21 | OVERSOLD | The low RSI value suggests EUM may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests EUM has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 2.04 | OVERSOLD | The low Stochastics value suggests EUM may be oversold. |
| Average True Range in percent/ATR (20) | 1.05 | LOW VOLATILITY | The low ATR as a percentage value for EUM suggests low volalility. |
| Average Directional Index/ADX (14) | 40.81 | POSITIVE | The high ADX value value for EUM suggests a strong 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:EUM (7/3/2025, 7:20:41 PM)
22.7986
-0.06 (-0.27%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.27%
1 Week-0.7%
2 Weeks-5.12%
1 Month-5.83%
3 Month-17.73%
6 Month-14.69%
12 Month-13.15%
2 Year-17.72%
3 Year-23.08%
5 Year-27.88%
10 Year-57.62%
15 Year-68.65%
Volatility
ATR(14)0.28
ATR(20)%1.05%
ATR Inc-58.57%
Range Today0.1
ADR(20)0.15
ADR(20)%0.65%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.14
Mansfield-1.89
10 Day High24.22
10 Day Low22.73
20 Day High24.22
20 Day Low22.73
52 Week High29.46
52 Week Low22.73
CS1 EndN/A
CR1 Start23.64
Volume & EV
DER(3)0.28%
DER(5)-0.25%
Volume20.10K
Volume Incr-41.78%
Vol(5)14.72K
Vol(50)22.66K