20.09 USD
+0.06 (+0.3%)
20.15 USD
+0.06 (+0.3%)
Overall UCO gets a technical rating of 0 out of 10. UCO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
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.
When comparing the yearly performance of all stocks, UCO is a bad performer in the overall market: 85% of all stocks are doing better.
UCO is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month UCO has a been trading in the 18.12 - 20.66 range, which is quite wide. It is currently trading near the high of this range.
UCO has an average volume of 2386600 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Volume is considerably higher in the last couple of days.
Although the technical rating is bad, UCO does present a nice setup opportunity. Prices have been consolidating lately. We notice that large players showed an interest for UCO 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
18.47
27.71
2 important support areas can be observed.
- Support @20.02 from a trend line in the weekly time frame.
- A support zone ranging from 18.66 to 18.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 20.10 to 20.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 21.89 to 22.29. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @23.83 from a trend line in the weekly time frame.
- Resistance @27.44 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 UCO is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for UCO is neutral. |
| ChartMill Relative Strength | 15.32 | NEGATIVE | UCO has a low relative strength, it was outperformed by 84.68% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of UCO is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of UCO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of UCO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.44 | NEUTRAL | The RSI value for UCO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests UCO has a positive trend. |
| Stochastics (14,3) | 60.91 | NEUTRAL | The Stochastics value for UCO is a neutral value. |
| Average True Range in percent/ATR (20) | 3.44 | MEDIUM VOLATILITY | The ATR as a percentage value for UCO suggests some volalility. |
| Average Directional Index/ADX (14) | 12.67 | NEGATIVE | The low ADX value for UCO 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)
20.09
+0.06 (+0.3%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.3%
1 Week4.26%
2 Weeks0.85%
1 Month-1.03%
3 Month-0.79%
6 Month-18.23%
12 Month-33.32%
2 Year-29.43%
3 Year-31.9%
5 Year97.98%
10 Year-83.01%
15 Year-99.35%
Volatility
ATR(14)0.68
ATR(20)%3.44%
ATR Inc65.41%
Range Today0.57
ADR(20)0.51
ADR(20)%2.52%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.32
3 months CRS34.23
6 months CRS15.23
Mansfield-2.21
10 Day High20.66
10 Day Low18.49
20 Day High20.66
20 Day Low18.12
52 Week High31.64
52 Week Low17.78
CS1 End20.02
CR1 Start20.1
Volume & EV
DER(3)4.11%
DER(5)2.32%
Volume3.47M
Volume Incr60.36%
Vol(5)3.80M
Vol(50)2.39M
PROSHARES ULTRA BLOOMBERG CR / UCO FAQ
What is the technical rating for UCO stock?
ChartMill assigns a technical rating of 0 / 10 to UCO.
What is the trend direction for UCO stock?
The current trend direction for PROSHARES ULTRA BLOOMBERG CR (UCO) is Bearish.
Can you provide the RSI signal for PROSHARES ULTRA BLOOMBERG CR?
PROSHARES ULTRA BLOOMBERG CR (UCO) has an RSI value of 53.4384. This indicates that the stock is currently neutral.
What are the support and resistance levels for PROSHARES ULTRA BLOOMBERG CR (UCO) stock?
PROSHARES ULTRA BLOOMBERG CR (UCO) has a support level at 20.02 and a resistance level at 20.1. Check the full technical report for our detailed analysis of UCO support and resistance levels.