PROSHARES ULTRASHORT RE (SRS) Stock Technical Analysis
NYSEARCA:SRS - NYSE Arca - US74347G1435 - ETF - Currency: USD
Taking everything into account, SRS scores 0 out of 10 in our technical rating. SRS'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.
83% of all other stocks performed better in the past year than SRS.
SRS 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 SRS is lagging the market.
In the last month SRS has a been trading in the 46.86 - 51.32 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been consolidating recently, but much resistance may still be present above.
SRS 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 47.84, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for SRS 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
43.13
56.74
3 important support areas can be observed.
- A support zone ranging from 47.55 to 47.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @45.81 from a horizontal line in the daily time frame.
- A support zone ranging from 43.57 to 44.04. 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 47.99 to 49.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 50.11 to 50.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @52.50 from a trend line in the weekly time frame.
- Resistance @56.18 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 SRS is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SRS is down. |
| ChartMill Relative Strength | 17.81 | NEGATIVE | SRS has a low relative strength, it was outperformed by 82.19% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SRS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SRS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SRS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.09 | NEUTRAL | The RSI value for SRS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests SRS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 19.4 | OVERSOLD | The low Stochastics value suggests SRS may be oversold. |
| Average True Range in percent/ATR (20) | 2.8 | MEDIUM VOLATILITY | The ATR as a percentage value for SRS suggests some volalility. |
| Average Directional Index/ADX (14) | 9.16 | NEGATIVE | The low ADX value for SRS 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:SRS (6/9/2025, 4:10:02 PM)
47.88
-0.06 (-0.13%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.13%
1 Week-0.08%
2 Weeks-5.3%
1 Month-0.66%
3 Month-5.04%
6 Month-1.91%
12 Month-22.92%
2 Year-29.26%
3 Year-29.84%
5 Year-62.43%
10 Year-89.05%
15 Year-94.88%
Volatility
ATR(14)1.27
ATR(20)%2.8%
ATR Inc-15.27%
Range Today1.22
ADR(20)1.26
ADR(20)%2.63%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.81
Mansfield-0.88
10 Day High50.18
10 Day Low47.26
20 Day High51.32
20 Day Low46.86
52 Week High65.44
52 Week Low43.15
CS1 End47.84
CR1 Start47.99
Volume & EV
DER(3)4.96%
DER(5)4.73%
Volume50.09K
Volume Incr-0.95%
Vol(5)46.00K
Vol(50)54.85K