Taking everything into account, EUO scores 0 out of 10 in our technical rating. EUO'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.
EUO has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 27.95, a Stop Loss order could be placed below this zone.
More info and screens
27.10
We found 1 important support area.
- A support zone ranging from 27.37 to 27.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 28.30 to 28.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 29.38 to 29.51. 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 | DOWN | NEGATIVE | The short term trend for EUO is down. |
| ChartMill Relative Strength | 23.44 | NEGATIVE | EUO has a low relative strength, it was outperformed by 76.56% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of EUO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of EUO is below 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) | 37.78 | NEUTRAL | The RSI value for EUO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests EUO has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 14.32 | OVERSOLD | The low Stochastics value suggests EUO may be oversold. |
| Average True Range in percent/ATR (20) | 0.66 | LOW VOLATILITY | The low ATR as a percentage value for EUO suggests low volalility. |
| Average Directional Index/ADX (14) | 27.22 | POSITIVE | The high ADX value value for EUO suggests a strong trend. |
NYSEARCA:EUO (12/26/2025, 8:04:00 PM)
28.2208
+0.06 (+0.22%)
PROSHARES ULTRASHORT EURO / EUO FAQ
Can you provide the ChartMill technical rating for PROSHARES ULTRASHORT EURO?
ChartMill assigns a technical rating of 0 / 10 to EUO.
What is the current trend direction of PROSHARES ULTRASHORT EURO (EUO) stock?
The current trend direction for PROSHARES ULTRASHORT EURO (EUO) is Bearish.
Can you provide the RSI signal for PROSHARES ULTRASHORT EURO?
PROSHARES ULTRASHORT EURO (EUO) has an RSI value of 37.7801. This indicates that the stock is currently neutral.
Can you provide the MACD signal for PROSHARES ULTRASHORT EURO?
The MACD indicator for PROSHARES ULTRASHORT EURO (EUO) has a value of -0.0312171, indicating a bearish trend.
What is the short term momentum for PROSHARES ULTRASHORT EURO (EUO) stock?
The short term momentum for PROSHARES ULTRASHORT EURO (EUO) is negative.