Taking everything into account, ITWO scores 8 out of 10 in our technical rating. Although ITWO is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- Warning: ITWO has an average volume of 29802 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long and short term trends are both positive. This is looking good!
- ITWO is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- When compared to the yearly performance of all other stocks, ITWO outperforms 57% of them, which is more or less in line with the market.
- In the last month ITWO has a been trading in the 39.69 - 42.94 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although ITWO has an excellent technical rating, it 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.
More info and screens
36.71
When analyzing the support we can see 3 important areas.
- A support zone ranging from 39.60 to 41.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 37.69 to 38.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @37.08 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 42.72 to 42.84. 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 | UP | POSITIVE | The long term trend for ITWO is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ITWO is up. |
| ChartMill Relative Strength | 57.22 | NEUTRAL | ITWO is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ITWO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ITWO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ITWO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 69.2 | NEUTRAL | The RSI value for ITWO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.18 | POSITIVE | The MACD value suggests ITWO has a positive trend. |
| Stochastics (14,3) | 97.22 | OVERBOUGHT | The high Stochastics value suggests ITWO may be overbought. |
| Average True Range in percent/ATR (20) | 1.25 | LOW VOLATILITY | The low ATR as a percentage value for ITWO suggests low volalility. |
| Average Directional Index/ADX (14) | 32.73 | POSITIVE | The high ADX value value for ITWO suggests a strong trend. |
NYSEARCA:ITWO (1/20/2026, 9:40:07 AM)
41.95
-0.76 (-1.78%)
PROSHARES R2000 HI INCOM ETF / ITWO FAQ
What is the technical rating for ITWO stock?
ChartMill assigns a technical rating of 8 / 10 to ITWO.
What is the current trend direction of PROSHARES R2000 HI INCOM ETF (ITWO) stock?
The current trend direction for PROSHARES R2000 HI INCOM ETF (ITWO) is Bullish.
Can you provide the RSI signal for PROSHARES R2000 HI INCOM ETF?
PROSHARES R2000 HI INCOM ETF (ITWO) has an RSI value of 69.2046. This indicates that the stock is currently neutral.
What is the buy/sell signal for ITWO stock?
The buy/sell signal for PROSHARES R2000 HI INCOM ETF (ITWO) is buy as both the short term and long term trends are positive.
What are the support and resistance levels for PROSHARES R2000 HI INCOM ETF (ITWO) stock?
PROSHARES R2000 HI INCOM ETF (ITWO) has a support level at 41.11 and a resistance level at 42.72. Check the full technical report for our detailed analysis of ITWO support and resistance levels.