PROSHARES SHORT MSCI EMR MKT (EUM)

US74347R3966 - ETF

14.4921  +0.07 (+0.5%)

Technical Rating and Analysis

4

Taking everything into account, EUM scores 4 out of 10 in our technical rating. In the past year, EUM was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.

When comparing the yearly performance of all stocks, EUM is a bad performer in the overall market: 65% of all stocks are doing better.
Warning: EUM has an average volume of 29286 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
EUM is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so EUM is lagging the market slightly.
In the last month EUM has a been trading in a tight range between 13.74 and 14.53.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
EUM Weekly chart
EUM Daily chart
Setup Rating and Analysis

3

EUM has an average technical rating and it also does not offer a high 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.

Support and Resistance Analysis

13.58

15.53

When analyzing the support we notice one important area.

  • A support zone ranging from 13.72 to 14.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

We can see 2 important resistance areas.

  • Resistance @14.71 from a horizontal line in the daily time frame.
  • A resistance zone ranging from 15.08 to 15.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS35.85
Mansfield-0.94
10 Day High14.53
10 Day Low13.75
20 Day High14.53
20 Day Low13.75
52 Week High16.06
52 Week Low13.75
Performance
1 Week2.16%
2 Weeks4.04%
1 Month4.18%
3 Month-2.7%
6 Month-8.62%
12 Month-3.13%
2 Year1.56%
3 Year19.77%
5 Year-19.93%
10 Year-44.67%
15 Year-76.44%
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)
Technical Indicators
MACD(12,26,9)0.08
RSI(14)63.92
LBB13.56
UBB14.63
EUM Daily chart

PROSHARES SHORT MSCI EMR MKT

NYSEARCA:EUM (4/19/2024, 7:04:00 PM)

14.4921

+0.07 (+0.5%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.5%
1 Week2.16%
2 Weeks4.04%
1 Month4.18%
3 Month-2.7%
6 Month-8.62%
12 Month-3.13%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.16
ATR(20)%0.91%
ATR Inc
Range Today0.07
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High14.53
10 Day Low13.75
20 Day High14.53
20 Day Low13.75
52 Week High16.06
52 Week Low13.75
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume11.30K
Volume Incr60.96%
Vol(5)50.80K
Vol(50)29.29K