PROSHARES ULTSHRT FINANCIALS (SKF) Stock Technical Analysis
USA - NYSEARCA:SKF - US74347G1500 - ETF
27.15 USD
+0.25 (+0.93%)
Overall SKF gets a technical rating of 1 out of 10. SKF's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
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.
87% of all other stocks performed better in the past year than SKF.
SKF 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.
Warning: SKF has an average volume of 11896 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month SKF has a been trading in a tight range between 26.15 and 27.51.
Volume is considerably higher in the last couple of days.
Although the technical rating is bad, SKF does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 27.15. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 26.78, a Stop Loss order could be placed below this zone.
More info and screens
26.02
33.73
When analyzing the support we notice one important area.
- A support zone ranging from 26.28 to 26.78. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 27.15 to 27.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 29.33 to 29.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @33.40 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 SKF is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SKF is neutral. |
| ChartMill Relative Strength | 13.61 | NEGATIVE | SKF has a low relative strength, it was outperformed by 86.39% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SKF is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SKF is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SKF is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.81 | NEUTRAL | The RSI value for SKF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests SKF has a positive trend. |
| Stochastics (14,3) | 69.13 | NEUTRAL | The Stochastics value for SKF is a neutral value. |
| Average True Range in percent/ATR (20) | 1.79 | LOW VOLATILITY | The low ATR as a percentage value for SKF suggests low volalility. |
| Average Directional Index/ADX (14) | 15.11 | NEGATIVE | The low ADX value for SKF 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:SKF (10/9/2025, 4:45:32 PM)
27.15
+0.25 (+0.93%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.93%
1 Week0.41%
2 Weeks1.19%
1 Month1.57%
3 Month-4.17%
6 Month-24.2%
12 Month-29.82%
2 Year-66.21%
3 Year-66.01%
5 Year-85.77%
10 Year-96.33%
15 Year-99.44%
Volatility
ATR(14)0.52
ATR(20)%1.79%
ATR Inc2.43%
Range Today0.55
ADR(20)0.43
ADR(20)%1.59%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.61
Mansfield-2.38
10 Day High27.24
10 Day Low26.15
20 Day High27.51
20 Day Low26.15
52 Week High44.19
52 Week Low26.15
CS1 End26.78
CR1 Start27.15
Volume & EV
DER(3)-0.17%
DER(5)2.81%
Volume12.76K
Volume Incr6.02%
Vol(5)17.19K
Vol(50)11.90K