Technical Analysis for SCO - ProShares UltraShort DJ-AIG Crude Oil

Grade Last Price % Change Price Change
C 17.75 -1.39% -0.25
SCO closed up 0.73 percent on Wednesday, November 20, 2024, on 57 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Down Down

Date Alert Name Type % Chg
20 DMA Resistance Bearish -1.39%
NR7 Range Contraction -1.39%
Inside Day Range Contraction -1.39%
20 DMA Resistance Bearish -0.67%
Fell Below 20 DMA Bearish -1.11%
Fell Below 50 DMA Bearish -1.11%
180 Bearish Setup Bearish Swing Setup -1.11%
Gapped Down Weakness -1.11%
50 DMA Support Bullish -4.05%
Gapped Down Weakness -4.05%

   Recent Intraday Alerts

Alert Time
60 Minute Opening Range Breakout about 1 hour ago
1.5x Volume Pace about 2 hours ago
Fell Below Previous Day's Low about 2 hours ago
Down 2 % about 2 hours ago
Down 1% about 2 hours ago

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Profile

The investment seeks to provide daily investment results (before fees and expenses) that correspond to twice (200%) the inverse of the daily performance of the Bloomberg WTI Crude Oil SubindexSM. The “UltraShort” Funds seek daily results that match (before fees and expenses) two times the inverse (-2x) of the daily performance of a benchmark. The UltraShort Funds do not seek to achieve their stated objectives over a period greater than a single day. The Bloomberg WTI Crude Oil SubindexSM is designed to track crude oil futures prices.
Classification

Keywords: Exchange Traded Fund ETF Exchange Traded Funds Inverse Exchange Traded Fund Leveraged ETF Ultra ETF Inverse ETF Bear Market ETF Petroleum Commodity Markets West Texas Intermediate World Oil Market Chronology From Crude Oil Futures Prices

Is SCO a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 22.3913
52 Week Low 14.445
Average Volume 1,611,365
200-Day Moving Average 17.19
50-Day Moving Average 18.19
20-Day Moving Average 18.11
10-Day Moving Average 18.20
Average True Range 0.82
RSI (14) 49.24
ADX 9.57
+DI 25.45
-DI 24.00
Chandelier Exit (Long, 3 ATRs) 17.19
Chandelier Exit (Short, 3 ATRs) 19.28
Upper Bollinger Bands 19.44
Lower Bollinger Band 16.77
Percent B (%b) 0.46
BandWidth 14.76
MACD Line 0.06
MACD Signal Line 0.04
MACD Histogram 0.0132
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 18.77
Resistance 3 (R3) 18.75 18.47 18.64
Resistance 2 (R2) 18.47 18.27 18.48 18.60
Resistance 1 (R1) 18.23 18.15 18.35 18.26 18.56
Pivot Point 17.95 17.95 18.01 17.96 17.95
Support 1 (S1) 17.72 17.75 17.83 17.74 17.44
Support 2 (S2) 17.44 17.63 17.45 17.40
Support 3 (S3) 17.20 17.44 17.36
Support 4 (S4) 17.23