PROSHARES ULTRA BLOOMBERG CR (UCO)

US74347Y8883 - ETF

31.42  +0.4 (+1.29%)

Premarket: 31.46 +0.04 (+0.13%)

Technical Rating and Analysis

5

Taking everything into account, UCO scores 5 out of 10 in our technical rating. In the last year, UCO was one of the better performers, but we do observe some doubts in the very recent evolution.

In the last month UCO has a been trading in the 30.84 - 36.51 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
UCO has an average volume of 1490610 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
When comparing the yearly performance of all stocks, we notice that UCO is one of the better performing stocks in the market, outperforming 84% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
UCO is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so UCO is lagging the market.
Weekly and Daily overview Charts
UCO Weekly chart
UCO Daily chart
Setup Rating and Analysis

3

UCO has an average technical rating and it also does not offer a high 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.

Support and Resistance Analysis

28.27

36.56

2 important support areas can be observed.

  • A support zone ranging from 31.02 to 31.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @28.56 from a trend line in the daily time frame.

3 important resistance areas can be observed.

  • A resistance zone ranging from 33.56 to 33.57. 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 35.35 to 35.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @36.20 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.25
Mansfield-0.52
10 Day High34.67
10 Day Low30.84
20 Day High36.51
20 Day Low30.84
52 Week High37.11
52 Week Low21.2
Performance
1 Week-6.68%
2 Weeks-4.96%
1 Month-10.84%
3 Month8.12%
6 Month5.54%
12 Month38.11%
2 Year-34.27%
3 Year91.41%
5 Year-69.84%
10 Year-98.63%
15 Year-98.97%
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)
Technical Indicators
MACD(12,26,9)-0.46
RSI(14)38.16
LBB30.62
UBB35.13
UCO Daily chart

PROSHARES ULTRA BLOOMBERG CR

NYSEARCA:UCO (5/6/2024, 7:04:00 PM)

Premarket: 31.46 +0.04 (+0.13%)

31.42

+0.4 (+1.29%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.29%
1 Week-6.68%
2 Weeks-4.96%
1 Month-10.84%
3 Month8.12%
6 Month5.54%
12 Month38.11%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.02
ATR(20)%3.23%
ATR Inc
Range Today0.72
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High34.67
10 Day Low30.84
20 Day High36.51
20 Day Low30.84
52 Week High37.11
52 Week Low21.2
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume3.17M
Volume Incr42.03%
Vol(5)2.09M
Vol(50)1.49M