PROSHARES ULTPRO SHRT DOW30 (SDOW) Stock Technical Analysis
NYSEARCA:SDOW - NYSE Arca - US74347G1351 - ETF - Currency: USD
We assign a technical rating of 0 out of 10 to SDOW. SDOW scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, SDOW is a bad performer in the overall market: 91% of all stocks are doing better.
SDOW is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month SDOW has a been trading in the 39.09 - 43.92 range, which is quite wide. It is currently trading near the lows of this range.
SDOW has an average volume of 2059790 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
SDOW has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 39.52, a Stop Loss order could be placed below this zone.
More info and screens
38.70
65.51
We found 1 important support area.
- A support zone ranging from 39.09 to 39.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 40.83 to 41.36. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 43.27 to 43.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @54.63 from a trend line in the weekly time frame.
- Resistance @64.86 from a trend 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 | DOWN | NEGATIVE | The long term trend for SDOW is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SDOW is down. |
| ChartMill Relative Strength | 9.4 | NEGATIVE | SDOW has a low relative strength, it was outperformed by 90.6% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SDOW is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SDOW is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SDOW is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 40.77 | NEUTRAL | The RSI value for SDOW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests SDOW has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 13.38 | OVERSOLD | The low Stochastics value suggests SDOW may be oversold. |
| Average True Range in percent/ATR (20) | 2.93 | MEDIUM VOLATILITY | The ATR as a percentage value for SDOW suggests some volalility. |
| Average Directional Index/ADX (14) | 16.22 | NEGATIVE | The low ADX value for SDOW 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:SDOW (8/14/2025, 8:04:00 PM)
After market: 39.1696 -0.42 (-1.06%)39.59
+0.08 (+0.2%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.2%
1 Week-5.96%
2 Weeks-4.83%
1 Month-2.03%
3 Month-14.03%
6 Month-11.03%
12 Month-33.35%
2 Year-57.83%
3 Year-70.53%
5 Year-85.8%
10 Year-99.31%
15 Year-99.94%
Volatility
ATR(14)1.25
ATR(20)%2.93%
ATR Inc-15.95%
Range Today0.7
ADR(20)1.01
ADR(20)%2.54%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.4
Mansfield-2.74
10 Day High43.92
10 Day Low39.45
20 Day High43.92
20 Day Low39.09
52 Week High75.95
52 Week Low39.09
CS1 End39.52
CR1 Start40.83
Volume & EV
DER(3)-0.93%
DER(5)-0.97%
Volume2.64M
Volume Incr19.85%
Vol(5)2.49M
Vol(50)2.06M