PROSHARES SHORT RUSSELL2000 (RWM)
US74348A2107 - ETF
Overall RWM gets a technical rating of 4 out of 10. In the past year, RWM was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, RWM is a bad performer in the overall market: 74% of all stocks are doing better.
RWM 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 RWM 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.
RWM is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
RWM has an average volume of 2017430 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although the technical rating is only medium, RWM does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
19.86
27.03
3 important support areas can be observed.
- A support zone ranging from 20.99 to 21.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 20.65 to 20.65. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 20.06 to 20.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 21.57 to 21.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @22.39 from a horizontal line in the daily time frame.
- Resistance @26.76 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS26.48
Mansfield-1.59
10 Day High22.13
10 Day Low21.13
20 Day High22.13
20 Day Low20.03
52 Week High26.55
52 Week Low19.93
Performance
1 Week-2.55%
2 Weeks0.38%
1 Month6.53%
3 Month-1.52%
6 Month-19.21%
12 Month-12.85%
2 Year-12.38%
3 Year-0.93%
5 Year-45.83%
10 Year-68.76%
15 Year-91.23%
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)
Technical Indicators
MACD(12,26,9)0.02
RSI(14)52.85
LBB20.64
UBB22.26
PROSHARES SHORT RUSSELL2000
NYSEARCA:RWM (4/26/2024, 7:14:34 PM)
After market: 21.34 -0.03 (-0.14%)21.37
-0.21 (-0.97%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.97%
1 Week-2.55%
2 Weeks0.38%
1 Month6.53%
3 Month-1.52%
6 Month-19.21%
12 Month-12.85%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.39
ATR(20)%1.77%
ATR Inc
Range Today0.27
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High22.13
10 Day Low21.13
20 Day High22.13
20 Day Low20.03
52 Week High26.55
52 Week Low19.93
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.89M
Volume Incr-7.69%
Vol(5)2.16M
Vol(50)2.02M