PROSHARES R2000 HI INCOM ETF (ITWO) Stock Technical Analysis
NYSEARCA:ITWO - NYSE Arca - US74349Y7875 - ETF - Currency: USD
Taking everything into account, ITWO scores 3 out of 10 in our technical rating. ITWO performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
When comparing the yearly performance of all stocks, ITWO is a bad performer in the overall market: 100% of all stocks are doing better.
Warning: ITWO has an average volume of 10562 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!
In the last month ITWO has a been trading in the 33.99 - 36.20 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
The technical rating of ITWO is bad and it also does not present a 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
34.68
41.84
We can see 2 important resistance areas.
- A resistance zone ranging from 35.07 to 35.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @41.43 from a horizontal line 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 | 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 | 0 | NEGATIVE | ITWO has a low relative strength, it was outperformed by 100% off all stocks 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) | DOWN | MIXED | The current price of ITWO is above a declining SMA(50). |
| Relative Strength Index/RSI (14) | 50.66 | NEUTRAL | The RSI value for ITWO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests ITWO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 69.63 | NEUTRAL | The Stochastics value for ITWO is a neutral value. |
| Average True Range in percent/ATR (20) | 1.33 | LOW VOLATILITY | The low ATR as a percentage value for ITWO suggests low volalility. |
| Average Directional Index/ADX (14) | 11.41 | NEGATIVE | The low ADX value for ITWO suggests a weak or negative trend. |
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)
NYSEARCA:ITWO (6/13/2025, 8:11:53 PM)
35.0333
-0.64 (-1.8%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.8%
1 Week-1.54%
2 Weeks0.74%
1 Month-0.13%
3 Month-3.54%
6 Month-16.45%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.48
ATR(20)%1.33%
ATR Inc2.03%
Range Today0.47
ADR(20)0.36
ADR(20)%1.04%
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 EndN/A
CR1 Start35.07
Volume & EV
DER(3)0.06%
DER(5)-0.12%
Volume13.50K
Volume Incr-0.83%
Vol(5)7.72K
Vol(50)10.56K