We assign a technical rating of 0 out of 10 to TWM. TWM'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 technical rating of TWM 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
28.37
4 important resistance areas can be observed.
- A resistance zone ranging from 30.39 to 31.36. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 31.96 to 32.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @36.86 from a horizontal line in the daily time frame.
- Resistance @62.35 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 TWM is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TWM is down. |
| ChartMill Relative Strength | 10.83 | NEGATIVE | TWM has a low relative strength, it was outperformed by 89.17% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TWM is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TWM is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TWM is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 34.38 | NEUTRAL | The RSI value for TWM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.15 | NEGATIVE | The MACD value suggests TWM has a negative trend. |
| Stochastics (14,3) | 7.88 | OVERSOLD | The low Stochastics value suggests TWM may be oversold. |
| Average True Range in percent/ATR (20) | 2.92 | MEDIUM VOLATILITY | The ATR as a percentage value for TWM suggests some volalility. |
| Average Directional Index/ADX (14) | 15.6 | NEGATIVE | The low ADX value for TWM suggests a weak or negative trend. |
28.66
-0.39 (-1.34%)
PROSHARES ULTRASHORT R2000 / TWM FAQ
What is the ChartMill technical rating of PROSHARES ULTRASHORT R2000 (TWM) stock?
ChartMill assigns a technical rating of 0 / 10 to TWM.
Can you provide the trend direction for PROSHARES ULTRASHORT R2000?
The current trend direction for PROSHARES ULTRASHORT R2000 (TWM) is Bearish.
What is the RSI signal for TWM stock?
PROSHARES ULTRASHORT R2000 (TWM) has an RSI value of 34.383. This indicates that the stock is currently neutral.
What is the MACD signal for TWM stock?
The MACD indicator for PROSHARES ULTRASHORT R2000 (TWM) has a value of -0.154948, indicating a bearish trend.
What is the buy/sell signal for PROSHARES ULTRASHORT R2000 (TWM) stock?
The buy/sell signal for PROSHARES ULTRASHORT R2000 (TWM) is sell as both the short term and long term trends are negative.