PROSHARES ULTRA BLOOMBERG CR (UCO)
US74347Y8883 - ETF
Taking everything into account, UCO scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, UCO is showing a nice and steady performance.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
Looking at the yearly performance, UCO did better than 84% of all other stocks.
UCO is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so UCO is performing more or less in line with the market.
In the last month UCO has a been trading in the 32.11 - 36.51 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
UCO has an average volume of 1516130 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
UCO has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 33.44, a Stop Loss order could be placed below this zone.
More info and screens
28.02
37.02
We found 2 important support areas.
- A support zone ranging from 33.05 to 33.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @28.30 from a trend line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- Resistance @34.77 from a trend line in the weekly time frame.
- A resistance zone ranging from 35.34 to 35.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 36.20 to 36.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.36
Mansfield0.61
10 Day High36.51
10 Day Low32.11
20 Day High36.51
20 Day Low32.11
52 Week High37.11
52 Week Low21.2
Performance
1 Week2.83%
2 Weeks-2.76%
1 Month5.49%
3 Month13.47%
6 Month0.12%
12 Month27.05%
2 Year-14.62%
3 Year128.62%
5 Year-77.45%
10 Year-98.4%
15 Year-98.2%
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)-0.27
RSI(14)56.89
LBB32.56
UBB36.13
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 34.78 | 33.04 | 1.74 (5.00%) | 19.99% |
| An entry @34.78. This is a Buy Stop order right above the resistance zone. | An exit @33.04. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.74 points, which is 5.00%. | When investing 19.99% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
PROSHARES ULTRA BLOOMBERG CR
NYSEARCA:UCO (4/26/2024, 12:51:06 PM)
34.4
+0.21 (+0.61%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.61%
1 Week2.83%
2 Weeks-2.76%
1 Month5.49%
3 Month13.47%
6 Month0.12%
12 Month27.05%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.05
ATR(20)%2.93%
ATR Inc
Range Today0.69
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 High36.51
10 Day Low32.11
20 Day High36.51
20 Day Low32.11
52 Week High37.11
52 Week Low21.2
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume754.81K
Volume Incr-9.49%
Vol(5)1.26M
Vol(50)1.52M