PROSHARES ULTPRO SHRT DOW30 (SDOW)
US74347G6483 - ETF
Taking everything into account, SDOW scores 3 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. SDOW was also a bad performer in the overall market in the last year.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, SDOW is a bad performer in the overall market: 84% of all stocks are doing better.
SDOW 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 SDOW is lagging the market.
In the last month SDOW has a been trading in the 16.73 - 18.72 range, which is quite wide. It is currently trading near the lows of this range.
SDOW has an average volume of 11942300 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Volume is considerably higher in the last couple of days.
Although the technical rating is bad, SDOW does present a nice setup opportunity. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. We notice that large players showed an interest for SDOW in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
15.55
28.32
When analyzing the support we notice one important area.
- A support zone ranging from 15.71 to 15.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 17.64 to 17.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 18.20 to 18.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 18.53 to 18.80. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @22.03 from a trend line in the weekly time frame.
- Resistance @28.04 from a trend 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
CRS16.82
Mansfield-2.9
10 Day High18.53
10 Day Low17.11
20 Day High18.72
20 Day Low16.73
52 Week High29.26
52 Week Low15.58
Performance
1 Week-3.19%
2 Weeks-4.95%
1 Month2.49%
3 Month0.17%
6 Month-30.83%
12 Month-32.29%
2 Year-44.09%
3 Year-47.7%
5 Year-92.97%
10 Year-99%
15 YearN/A
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)-0.06
RSI(14)45.93
LBB17.2
UBB18.82
PROSHARES ULTPRO SHRT DOW30
NYSEARCA:SDOW (5/3/2024, 7:17:40 PM)
After market: 17.22 -0.08 (-0.46%)17.3
-0.61 (-3.41%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-3.41%
1 Week-3.19%
2 Weeks-4.95%
1 Month2.49%
3 Month0.17%
6 Month-30.83%
12 Month-32.29%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.59
ATR(20)%3.51%
ATR Inc
Range Today0.41
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 High18.53
10 Day Low17.11
20 Day High18.72
20 Day Low16.73
52 Week High29.26
52 Week Low15.58
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume21.52M
Volume Incr20.62%
Vol(5)16.31M
Vol(50)11.94M