ProShares CDS Shrt Nrth Amer HY Crdt ETF (WYDE) Stock Technical Analysis
NYSEARCA:WYDE - NYSE Arca -
Overall WYDE gets a technical rating of 5 out of 10. In the past year, WYDE was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
WYDE 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.
Warning: WYDE has an average volume of 516 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
When compared to the yearly performance of all other stocks, WYDE outperforms 57% of them, which is more or less in line with the market.
In the last month WYDE has a been trading in a tight range between 30.82 and 31.48.
Volume is considerably higher in the last couple of days.
WYDE has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
30.46
33.64
We found 1 important support area.
- A support zone ranging from 30.77 to 31.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 31.63 to 32.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 33.16 to 33.31. 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 WYDE is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for WYDE is up. |
| ChartMill Relative Strength | 57.6 | NEUTRAL | WYDE is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of WYDE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of WYDE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of WYDE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 74.02 | OVERBOUGHT | The high RSI value suggests WYDE may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests WYDE has a positive trend. |
| Stochastics (14,3) | 91.52 | OVERBOUGHT | The high Stochastics value suggests WYDE may be overbought. |
| Average True Range in percent/ATR (20) | 0.26 | LOW VOLATILITY | The low ATR as a percentage value for WYDE suggests low volalility. |
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)
ProShares CDS Shrt Nrth Amer HY Crdt ETF
NYSEARCA:WYDE (8/5/2019, 8:04:03 PM)
31.485
+0.27 (+0.85%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.85%
1 Week1.89%
2 Weeks1.78%
1 Month2.09%
3 Month0.79%
6 Month-0.96%
12 Month-2.31%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.08
ATR(20)%0.26%
ATR Inc367.93%
Range Today0
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS57.6
Mansfield-0.24
10 Day High31.49
10 Day Low30.84
20 Day High31.49
20 Day Low30.82
52 Week High33.45
52 Week Low30.78
CS1 End31.2
CR1 Start31.63
Volume & EV
DER(3)2.72%
DER(5)1.63%
Volume100
Volume Incr1688.89%
Vol(5)3.22K
Vol(50)516