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PROSHARES R2000 HI INCOM ETF (ITWO) Stock Technical Analysis

NYSEARCA:ITWO - NYSE Arca - US74349Y7875 - ETF - Currency: USD

35.8787  -0.03 (-0.09%)

Technical Rating and Analysis

4

Taking everything into account, ITWO scores 4 out of 10 in our technical rating. ITWO has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.

100% of all other stocks performed better in the past year than ITWO.
Warning: ITWO has an average volume of 10418 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
In the last month ITWO has a been trading in the 33.99 - 36.20 range, which is quite wide. It is currently trading near the high of this range.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
PROSHARES R2000 HI INCOM ETF / ITWO Weekly stock chart
PROSHARES R2000 HI INCOM ETF / ITWO Daily stock chart
Setup Rating and Analysis

4

ITWO has an average technical rating and the quality of the presented setup is also not ideal 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.

Support and Resistance Analysis

34.69

41.84

When analyzing the support we notice one important area.

  • A support zone ranging from 35.04 to 35.36. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

When analyzing the resistance we notice 2 important areas.

  • A resistance zone ranging from 35.89 to 35.92. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @41.43 from a horizontal line in the daily time frame.
Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for ITWO is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for ITWO is up.
ChartMill Relative Strength0NEGATIVEITWO has a low relative strength, it was outperformed by 100% off all stocks on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of ITWO is above the rising SMA(20).
Simple Moving Average/SMA (50)DOWNMIXEDThe current price of ITWO is above a declining SMA(50).
Relative Strength Index/RSI (14)62.07NEUTRALThe RSI value for ITWO is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.11POSITIVEThe MACD value suggests ITWO has a positive trend.
Stochastics (14,3)90.09OVERBOUGHTThe high Stochastics value suggests ITWO may be overbought.
Average True Range in percent/ATR (20)1.25LOW VOLATILITYThe low ATR as a percentage value for ITWO suggests low volalility.
Average Directional Index/ADX (14)12.09NEGATIVEThe low ADX value for ITWO suggests a weak or negative trend.
Chart- and CandleStick Pattern Analysis
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)
PROSHARES R2000 HI INCOM ETF / ITWO Daily stock chart

PROSHARES R2000 HI INCOM ETF

NYSEARCA:ITWO (6/11/2025, 4:15:01 PM)

35.8787

-0.03 (-0.09%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.09%
1 Week2.78%
2 Weeks3.23%
1 Month1.91%
3 Month-1.22%
6 Month-14.43%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.45
ATR(20)%1.25%
ATR Inc-23.65%
Range Today0.4
ADR(20)0.35
ADR(20)%0.98%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High36.2
10 Day Low33.99
20 Day High36.2
20 Day Low33.99
52 Week HighN/A
52 Week LowN/A
CS1 End35.36
CR1 Start35.89
Volume & EV
DER(3)-0.13%
DER(5)0.46%
Volume6.04K
Volume Incr-27.48%
Vol(5)6.39K
Vol(50)10.42K