We assign a technical rating of 7 out of 10 to USD. Both in the recent history as in the last year, USD has proven to be a steady performer, scoring decent points in every aspect analyzed.
Although USD has an excellent technical rating, the quality of the presented setup is not ideal 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.
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44.18
When analyzing the support we can see 2 important areas.
- A support zone ranging from 46.76 to 47.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @44.63 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- Resistance @54.62 from a trend line in the daily time frame.
- Resistance @57.23 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 | UP | POSITIVE | The long term trend for USD is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for USD is neutral. |
| ChartMill Relative Strength | 88.98 | POSITIVE | USD has a high relative strength, it outperformed 88.98% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of USD is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of USD is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of USD is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.07 | NEUTRAL | The RSI value for USD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.37 | POSITIVE | The MACD value suggests USD has a positive trend. |
| Stochastics (14,3) | 72.83 | NEUTRAL | The Stochastics value for USD is a neutral value. |
| Average True Range in percent/ATR (20) | 4.67 | MEDIUM VOLATILITY | The ATR as a percentage value for USD suggests some volalility. |
| Average Directional Index/ADX (14) | 11.03 | NEGATIVE | The low ADX value for USD suggests a weak or negative trend. |
53.72
-0.91 (-1.67%)
PROSHARES ULTRA SEMICONDUCT / USD FAQ
What is the technical rating for USD stock?
ChartMill assigns a technical rating of 7 / 10 to USD.
What is the current trend direction of PROSHARES ULTRA SEMICONDUCT (USD) stock?
The current trend direction for PROSHARES ULTRA SEMICONDUCT (USD) is Bullish.
What is the RSI signal for USD stock?
PROSHARES ULTRA SEMICONDUCT (USD) has an RSI value of 53.0742. This indicates that the stock is currently neutral.
What is the MACD signal for PROSHARES ULTRA SEMICONDUCT (USD) stock?
The MACD indicator for PROSHARES ULTRA SEMICONDUCT (USD) has a value of 0.369114, indicating a bearish trend.