PROSHARES ULTRASHORT EURO (EUO) Stock Technical Analysis
USA - NYSEARCA:EUO - US74347W8828 - ETF
28.72 USD
-0.29 (-1%)
Overall EUO gets a technical rating of 2 out of 10. In the past year, EUO 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.
66% of all other stocks performed better in the past year than EUO.
EUO is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month EUO has a been trading in the 27.16 - 29.06 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
The technical rating of EUO 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
27.11
29.30
We found 2 important support areas.
- A support zone ranging from 28.10 to 28.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 27.38 to 27.58. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 28.73 to 29.01. 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 EUO is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EUO is up. |
| ChartMill Relative Strength | 34.12 | NEUTRAL | EUO is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EUO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of EUO is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of EUO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 59.32 | NEUTRAL | The RSI value for EUO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests EUO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 89.91 | OVERBOUGHT | The high Stochastics value suggests EUO may be overbought. |
| Average True Range in percent/ATR (20) | 1.06 | LOW VOLATILITY | The low ATR as a percentage value for EUO suggests low volalility. |
| Average Directional Index/ADX (14) | 12.78 | NEGATIVE | The low ADX value for EUO 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:EUO (10/10/2025, 9:23:34 PM)
28.72
-0.29 (-1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1%
1 Week2.38%
2 Weeks1.75%
1 Month2.65%
3 Month2.79%
6 Month-2.15%
12 Month-7.45%
2 Year-8.79%
3 Year-16.24%
5 Year16.09%
10 Year14.47%
15 Year51.8%
Volatility
ATR(14)0.31
ATR(20)%1.06%
ATR Inc44.78%
Range Today0.37
ADR(20)0.21
ADR(20)%0.74%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS34.12
Mansfield-1.52
10 Day High29.06
10 Day Low27.94
20 Day High29.06
20 Day Low27.16
52 Week High36.07
52 Week Low27.16
CS1 End28.56
CR1 Start28.73
Volume & EV
DER(3)-3.02%
DER(5)-1.55%
Volume62.00K
Volume Incr78.25%
Vol(5)43.02K
Vol(50)32.81K