PROSHARES ULTRASHORT BLOOMBE (KOLD) Stock Technical Analysis
NYSEARCA:KOLD - NYSE Arca - US74347Y8131 - ETF - Currency: USD
Overall KOLD gets a technical rating of 6 out of 10. KOLD 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.
When comparing the yearly performance of all stocks, KOLD is a bad performer in the overall market: 80% of all stocks are doing better.
KOLD is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so KOLD is lagging the market.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month KOLD has a been trading in the 22.92 - 33.35 range, which is quite wide. It is currently trading near the high of this range.
KOLD has an average volume of 5454280 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
KOLD has an average technical rating and it also 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
19.30
31.14
When analyzing the support we can see 6 important areas.
- A support zone ranging from 29.64 to 29.94. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 25.30 to 25.30. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @21.31 from a trend line in the weekly time frame.
- Support @20.58 from a trend line in the daily time frame.
- Support @20.20 from a horizontal line in the weekly time frame.
- Support @19.49 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- Resistance @30.83 from a horizontal line in the weekly 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 KOLD is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for KOLD is up. |
| ChartMill Relative Strength | 20.27 | NEGATIVE | KOLD has a low relative strength, it was outperformed by 79.73% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of KOLD is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of KOLD is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of KOLD is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 60.6 | NEUTRAL | The RSI value for KOLD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.38 | POSITIVE | The MACD value suggests KOLD has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 82.97 | OVERBOUGHT | The high Stochastics value suggests KOLD may be overbought. |
| Average True Range in percent/ATR (20) | 6.52 | HIGH VOLATILITY | The high ATR as a percentage value for KOLD suggests high volalility. |
| Average Directional Index/ADX (14) | 20.78 | NEUTRAL | The ADX value for KOLD suggests a possible start of a new 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)
30.82
-0.08 (-0.26%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.26%
1 Week2.49%
2 Weeks31.88%
1 Month19.97%
3 Month42.69%
6 Month-23.37%
12 Month-61.15%
2 Year13.54%
3 Year479.32%
5 Year-89.97%
10 Year-88.84%
15 YearN/A
Volatility
ATR(14)1.98
ATR(20)%6.52%
ATR Inc9.12%
Range Today1.38
ADR(20)1.47
ADR(20)%4.77%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS20.27
Mansfield-3.25
10 Day High33.35
10 Day Low25.79
20 Day High33.35
20 Day Low22.92
52 Week High85.2
52 Week Low16.2
CS1 End29.94
CR1 Start30.83
Volume & EV
DER(3)-2.52%
DER(5)-1.73%
Volume2.78M
Volume Incr-24.01%
Vol(5)3.74M
Vol(50)5.45M