PROSHARES R2000 HI INCOM ETF (ITWO) Stock Technical Analysis
USA - NYSEARCA:ITWO - US74349Y7875 - ETF
Taking everything into account, ITWO scores 3 out of 10 in our technical rating. ITWO was a bad performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term this still looks good.
ITWO has a poor technical rating and the quality of the setup is also not perfect 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
35.62
When analyzing the support we can see 3 important areas.
- Support @38.43 from a horizontal line in the weekly time frame.
- Support @37.69 from a horizontal line in the daily time frame.
- Support @35.98 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 38.85 to 40.53. This zone is formed by a combination of multiple trend lines and important moving averages 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 | DOWN | NEGATIVE | The short term trend for ITWO is down. |
| ChartMill Relative Strength | 35.51 | NEUTRAL | ITWO is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ITWO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of ITWO is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of ITWO is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.98 | NEUTRAL | The RSI value for ITWO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.17 | NEGATIVE | The MACD value suggests ITWO has a negative trend. |
| Stochastics (14,3) | 13.38 | OVERSOLD | The low Stochastics value suggests ITWO may be oversold. |
| Average True Range in percent/ATR (20) | 2.05 | MEDIUM VOLATILITY | The ATR as a percentage value for ITWO suggests some volalility. |
| Average Directional Index/ADX (14) | 14.14 | NEGATIVE | The low ADX value for ITWO suggests a weak or negative trend. |
NYSEARCA:ITWO (11/7/2025, 10:59:38 AM)
38.48
-0.31 (-0.8%)
PROSHARES R2000 HI INCOM ETF / ITWO FAQ
What is the technical rating for ITWO stock?
ChartMill assigns a technical rating of 3 / 10 to ITWO.
What is the trend direction for 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 42.9794. This indicates that the stock is currently neutral.
What is the buy/sell signal for PROSHARES R2000 HI INCOM ETF (ITWO) stock?
The buy/sell signal for PROSHARES R2000 HI INCOM ETF (ITWO) is hold as the short term and long term trends are mixed.
What is the support and resistance level for ITWO stock?
PROSHARES R2000 HI INCOM ETF (ITWO) has a support level at 38.43 and a resistance level at 38.85. Check the full technical report for our detailed analysis of ITWO support and resistance levels.