Ultrapro Short Financials Proshares (FINZ) Stock Technical Analysis
USA - NYSEARCA:FINZ -
6.12
+0.35 (+6.07%)
6.47
+0.35 (+5.72%)
Overall FINZ gets a technical rating of 5 out of 10. FINZ was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
FINZ 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 FINZ has a been trading in the 5.30 - 12.56 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
When comparing the yearly performance of all stocks, we notice that FINZ is one of the better performing stocks in the market, outperforming 94% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
Although the technical rating is only medium, FINZ does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
5.70
6.18
We found 1 important support area.
- A support zone ranging from 5.76 to 5.80. This zone is formed by a combination of multiple trend lines and important moving averages in the daily 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 | NEUTRAL | NEUTRAL | The long term trend for FINZ is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FINZ is down. |
| ChartMill Relative Strength | 94.97 | POSITIVE | FINZ has a high relative strength, it outperformed 94.97% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FINZ is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FINZ is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of FINZ is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.36 | NEUTRAL | The RSI value for FINZ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.45 | NEGATIVE | The MACD value suggests FINZ has a negative trend. |
| Stochastics (14,3) | 8.75 | OVERSOLD | The low Stochastics value suggests FINZ may be oversold. |
| Average True Range in percent/ATR (20) | 37.52 | HIGH VOLATILITY | The high ATR as a percentage value for FINZ suggests high volalility. |
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)
Ultrapro Short Financials Proshares
NYSEARCA:FINZ (3/27/2020, 8:04:06 PM)
After market: 6.47 +0.35 (+5.72%)6.12
+0.35 (+6.07%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg6.07%
1 Week-39.23%
2 Weeks-15.7%
1 Month-3.17%
3 Month46.92%
6 Month6.96%
12 Month-24.04%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.56
ATR(20)%37.52%
ATR Inc-60.2%
Range Today0.78
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.97
Mansfield2.23
10 Day High12.5
10 Day Low5.6
20 Day High12.56
20 Day Low5.3
52 Week High12.56
52 Week Low3.93
CS1 End5.8
CR1 StartN/A
Volume & EV
DER(3)-4.15%
DER(5)-4.94%
Volume171.00K
Volume Incr78.25%
Vol(5)248.60K
Vol(50)86.08K