35.55 USD
+0.09 (+0.25%)
35.611 USD
+0.06 (+0.17%)
Overall SH gets a technical rating of 0 out of 10. SH 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 long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- 77% of all other stocks performed better in the past year than SH.
- SH 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.
- SH has an average volume of 6213060 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month SH has a been trading in a tight range between 35.34 and 36.41.
SH has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 35.45, a Stop Loss order could be placed below this zone.
More info and screens
35.04
50.86
When analyzing the support we notice one important area.
- A support zone ranging from 35.39 to 35.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 35.55 to 36.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @36.93 from a horizontal line in the daily time frame.
- A resistance zone ranging from 37.66 to 38.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @50.36 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 | DOWN | NEGATIVE | The long term trend for SH is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SH is neutral. |
| ChartMill Relative Strength | 23.04 | NEGATIVE | SH has a low relative strength, it was outperformed by 76.96% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SH is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SH is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SH is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.82 | NEUTRAL | The RSI value for SH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests SH has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 13.46 | OVERSOLD | The low Stochastics value suggests SH may be oversold. |
| Average True Range in percent/ATR (20) | 0.91 | LOW VOLATILITY | The low ATR as a percentage value for SH suggests low volalility. |
| Average Directional Index/ADX (14) | 11.91 | NEGATIVE | The low ADX value for SH 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)
35.55
+0.09 (+0.25%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.25%
1 Week-0.59%
2 Weeks-0.31%
1 Month-0.59%
3 Month-1.99%
6 Month-10.45%
12 Month-14.32%
2 Year-30.89%
3 Year-41.26%
5 Year-50.9%
10 Year-79.71%
15 Year-89.62%
Volatility
ATR(14)0.34
ATR(20)%0.91%
ATR Inc31.1%
Range Today0.62
ADR(20)0.28
ADR(20)%0.79%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS23.04
3 months CRS31.99
6 months CRS19.48
Mansfield-2.01
10 Day High36.41
10 Day Low35.34
20 Day High36.41
20 Day Low35.34
52 Week High51.37
52 Week Low35.34
CS1 End35.45
CR1 Start35.55
Volume & EV
DER(3)0.78%
DER(5)-1.02%
Volume7.58M
Volume Incr-12.93%
Vol(5)5.00M
Vol(50)6.21M
PROSHARES SHORT S&P500 / SH FAQ
What is the ChartMill technical rating of PROSHARES SHORT S&P500 (SH) stock?
ChartMill assigns a technical rating of 0 / 10 to SH.
What is the current trend direction of PROSHARES SHORT S&P500 (SH) stock?
The current trend direction for PROSHARES SHORT S&P500 (SH) is Bearish.
Can you provide the RSI signal for PROSHARES SHORT S&P500?
PROSHARES SHORT S&P500 (SH) has an RSI value of 43.823. This indicates that the stock is currently neutral.
What is the short term momentum for PROSHARES SHORT S&P500 (SH) stock?
The short term momentum for PROSHARES SHORT S&P500 (SH) is neutral.