PROSHARES ULTRASHORT BLOOMBE (KOLD) Stock Technical Analysis
USA - NYSEARCA:KOLD - US74347Y8131 - ETF
38.19 USD
+0.22 (+0.58%)
38.46 USD
+0.27 (+0.71%)
Taking everything into account, KOLD scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, KOLD is only an average performer.
Both the short term and long term trends are positive. This is a very positive sign.
KOLD has an average volume of 3921120 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, KOLD outperforms 53% of them, which is more or less in line with the market.
KOLD is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so KOLD is lagging the market.
In the last month KOLD has a been trading in the 33.34 - 41.10 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although KOLD has an excellent technical rating, the quality of the presented setup is not ideal at the moment. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
19.30
83.61
When analyzing the support we can see 5 important areas.
- A support zone ranging from 35.52 to 35.63. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @34.24 from a horizontal line in the daily time frame.
- Support @22.28 from a trend line in the weekly time frame.
- Support @21.63 from a trend line in the daily time frame.
- Support @19.49 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 39.44 to 39.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @40.43 from a horizontal line in the daily time frame.
- Resistance @82.78 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 | UP | POSITIVE | The long term trend for KOLD is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for KOLD is up. |
| ChartMill Relative Strength | 53.04 | NEUTRAL | KOLD is not amongst the best or worst performers 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 | MIXED | The current price of KOLD is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 60.91 | NEUTRAL | The RSI value for KOLD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.21 | NEGATIVE | The MACD value suggests KOLD has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 51.85 | NEUTRAL | The Stochastics value for KOLD is a neutral value. |
| Average True Range in percent/ATR (20) | 5.14 | HIGH VOLATILITY | The high ATR as a percentage value for KOLD suggests high volalility. |
| Average Directional Index/ADX (14) | 18.73 | NEGATIVE | The low ADX value for KOLD 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)
38.19
+0.22 (+0.58%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.58%
1 Week7.15%
2 Weeks4.23%
1 Month5.7%
3 Month60.19%
6 Month93.86%
12 Month-46.88%
2 Year25.13%
3 Year343.81%
5 Year-89.95%
10 Year-88.17%
15 YearN/A
Volatility
ATR(14)1.97
ATR(20)%5.14%
ATR Inc-4.69%
Range Today1.46
ADR(20)1.61
ADR(20)%4.22%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS53.04
Mansfield-1.05
10 Day High38.28
10 Day Low33.34
20 Day High41.1
20 Day Low33.34
52 Week High84
52 Week Low16.2
CS1 End35.63
CR1 Start39.44
Volume & EV
DER(3)2.32%
DER(5)1.38%
Volume3.40M
Volume Incr0.74%
Vol(5)3.20M
Vol(50)3.92M