Taking everything into account, UWM scores 0 out of 10 in our technical rating. UWM 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 technical rating of UWM 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
40.61
We found 2 important support areas.
- Support @43.25 from a horizontal line in the weekly time frame.
- Support @41.02 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 48.91 to 49.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The long term trend for UWM is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for UWM is down. |
| ChartMill Relative Strength | 31.63 | NEUTRAL | UWM is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of UWM is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of UWM is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of UWM is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.59 | NEUTRAL | The RSI value for UWM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.45 | NEGATIVE | The MACD value suggests UWM has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 17.13 | OVERSOLD | The low Stochastics value suggests UWM may be oversold. |
| Average True Range in percent/ATR (20) | 4.1 | MEDIUM VOLATILITY | The ATR as a percentage value for UWM suggests some volalility. |
| Average Directional Index/ADX (14) | 24.49 | NEUTRAL | The ADX value for UWM suggests a possible start of a new trend. |
NYSEARCA:UWM (11/21/2025, 8:04:13 PM)
After market: 43.3854 +0.13 (+0.29%)43.26
+2.23 (+5.44%)
PROSHARES ULTRA RUSSELL2000 / UWM FAQ
What is the ChartMill technical rating of PROSHARES ULTRA RUSSELL2000 (UWM) stock?
ChartMill assigns a technical rating of 0 / 10 to UWM.
Can you provide the trend direction for PROSHARES ULTRA RUSSELL2000?
The current trend direction for PROSHARES ULTRA RUSSELL2000 (UWM) is Bearish.
Can you provide the RSI signal for PROSHARES ULTRA RUSSELL2000?
PROSHARES ULTRA RUSSELL2000 (UWM) has an RSI value of 42.5923. This indicates that the stock is currently neutral.
Can you provide the short term momentum for PROSHARES ULTRA RUSSELL2000?
The short term momentum for PROSHARES ULTRA RUSSELL2000 (UWM) is negative.