PROSHARES ULTRASHORT BLOOMBE (KOLD) Stock Technical Analysis
NYSEARCA:KOLD - NYSE Arca - US74347Y8131 - ETF - Currency: USD
Overall KOLD gets a technical rating of 1 out of 10. KOLD scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
78% of all other stocks performed better in the past year than KOLD.
KOLD is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so KOLD is lagging the market.
In the last month KOLD has a been trading in the 19.98 - 28.00 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
KOLD has an average volume of 7203060 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although the technical rating is bad, KOLD does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
20.00
25.85
We found 4 important support areas.
- Support @21.63 from a trend line in the daily time frame.
- Support @21.23 from a trend line in the weekly time frame.
- Support @20.74 from a trend line in the daily time frame.
- A support zone ranging from 20.20 to 20.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 23.28 to 23.72. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @24.64 from a trend line in the daily time frame.
- A resistance zone ranging from 25.19 to 25.59. 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 | DOWN | NEGATIVE | The long term trend for KOLD is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for KOLD is down. |
| ChartMill Relative Strength | 22.62 | NEGATIVE | KOLD has a low relative strength, it was outperformed by 77.38% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of KOLD is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of KOLD is below a declining 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) | 44.23 | NEUTRAL | The RSI value for KOLD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.19 | NEGATIVE | The MACD value suggests KOLD has a negative trend. |
| Stochastics (14,3) | 11.43 | OVERSOLD | The low Stochastics value suggests KOLD may be oversold. |
| Average True Range in percent/ATR (20) | 8.82 | HIGH VOLATILITY | The high ATR as a percentage value for KOLD suggests high volalility. |
| Average Directional Index/ADX (14) | 10.02 | 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)
21.91
-1.37 (-5.88%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-5.88%
1 Week-17.91%
2 Weeks-8.67%
1 Month0.09%
3 Month22.47%
6 Month-67.59%
12 Month-43.92%
2 Year-20.97%
3 Year9.5%
5 Year-96.74%
10 Year-91.26%
15 YearN/A
Volatility
ATR(14)2.08
ATR(20)%8.82%
ATR Inc-16.23%
Range Today1.73
ADR(20)1.39
ADR(20)%6.34%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS22.62
Mansfield-5.64
10 Day High26.97
10 Day Low21.49
20 Day High28
20 Day Low19.98
52 Week High85.2
52 Week Low16.2
CS1 End21.63
CR1 Start23.28
Volume & EV
DER(3)-3.46%
DER(5)-3.85%
Volume8.23M
Volume Incr7.95%
Vol(5)7.62M
Vol(50)7.20M