PROSHARES SHORT MSCI EMR MKT (EUM) Stock Technical Analysis
USA - NYSEARCA:EUM - US74349Y7461 - ETF
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.
Although the technical rating is bad, EUM 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 20.24, a Stop Loss order could be placed below this zone.
More info and screens
20.04
We found 1 important support area.
- A support zone ranging from 20.24 to 20.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 20.57 to 20.86. 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 23.12 to 23.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @26.76 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 | 14.91 | NEGATIVE | EUM has a low relative strength, it was outperformed by 85.09% 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) | 37.5 | NEUTRAL | The RSI value for EUM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests EUM has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 14.11 | OVERSOLD | The low Stochastics value suggests EUM may be oversold. |
| Average True Range in percent/ATR (20) | 1.32 | LOW VOLATILITY | The low ATR as a percentage value for EUM suggests low volalility. |
| Average Directional Index/ADX (14) | 20.37 | NEUTRAL | The ADX value for EUM suggests a possible start of a new trend. |
NYSEARCA:EUM (10/24/2025, 8:21:34 PM)
20.2451
-0.12 (-0.61%)
PROSHARES SHORT MSCI EMR MKT / EUM FAQ
What is the ChartMill technical rating of PROSHARES SHORT MSCI EMR MKT (EUM) stock?
ChartMill assigns a technical rating of 0 / 10 to EUM.
What is the trend direction for EUM stock?
The current trend direction for PROSHARES SHORT MSCI EMR MKT (EUM) is Bearish.
Can you provide the RSI signal for PROSHARES SHORT MSCI EMR MKT?
PROSHARES SHORT MSCI EMR MKT (EUM) has an RSI value of 37.5035. This indicates that the stock is currently neutral.
What is the MACD signal for PROSHARES SHORT MSCI EMR MKT (EUM) stock?
The MACD indicator for PROSHARES SHORT MSCI EMR MKT (EUM) has a value of 0.00138015, indicating a bearish trend.
Can you provide the buy/sell signal for PROSHARES SHORT MSCI EMR MKT?
The buy/sell signal for PROSHARES SHORT MSCI EMR MKT (EUM) is sell as both the short term and long term trends are negative.