We assign a technical rating of 0 out of 10 to SMN. SMN'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 short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 88% of all other stocks performed better in the past year than SMN.
- SMN is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
- In the last month SMN has a been trading in the 10.79 - 13.13 range, which is quite wide. It is currently trading near the lows of this range.
- Warning: SMN has an average volume of 4276 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- Volume is considerably higher in the last couple of days.
The technical rating of SMN is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
10.70
We can see 5 important resistance areas.
- A resistance zone ranging from 11.23 to 11.31. 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 11.60 to 11.62. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @13.56 from a trend line in the weekly time frame.
- Resistance @14.68 from a horizontal line in the weekly time frame.
- Resistance @15.25 from a horizontal line in the daily 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 SMN is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SMN is down. |
| ChartMill Relative Strength | 12.76 | NEGATIVE | SMN has a low relative strength, it was outperformed by 87.24% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SMN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SMN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SMN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 25.43 | OVERSOLD | The low RSI value suggests SMN may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests SMN has a negative trend. |
| Stochastics (14,3) | 1.45 | OVERSOLD | The low Stochastics value suggests SMN may be oversold. |
| Average True Range in percent/ATR (20) | 2.6 | MEDIUM VOLATILITY | The ATR as a percentage value for SMN suggests some volalility. |
| Average Directional Index/ADX (14) | 38.05 | POSITIVE | The high ADX value value for SMN suggests a strong trend. |
NYSEARCA:SMN (1/23/2026, 8:04:00 PM)
10.8104
-0.2 (-1.81%)
PROSHARES ULTRASHORT MATERIA / SMN FAQ
Can you provide the ChartMill technical rating for PROSHARES ULTRASHORT MATERIA?
ChartMill assigns a technical rating of 0 / 10 to SMN.
What is the trend direction for SMN stock?
The current trend direction for PROSHARES ULTRASHORT MATERIA (SMN) is Bearish.
What is the RSI signal for PROSHARES ULTRASHORT MATERIA (SMN) stock?
PROSHARES ULTRASHORT MATERIA (SMN) has an RSI value of 25.4279. This indicates that the stock is currently oversold.
What is the short term momentum for SMN stock?
The short term momentum for PROSHARES ULTRASHORT MATERIA (SMN) is negative.
What are the support and resistance levels for PROSHARES ULTRASHORT MATERIA (SMN) stock?
PROSHARES ULTRASHORT MATERIA (SMN) has a resistance level at 11.23. Check the full technical report for our detailed analysis of SMN support and resistance levels.