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

Grade Last Price % Change Price Change
D 15.37 -0.13% -0.02
SCO closed down 0.84 percent on Wednesday, July 10, 2024, on 82 percent of normal volume.
2 Watchers
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

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

Date Alert Name Type % Chg
20 DMA Resistance Bearish -0.13%
Gapped Up Strength -0.13%
Gapped Up Strength -0.97%
Up 3 Days in a Row Strength -0.97%
Slingshot Bearish Bearish Swing Setup 1.05%
NR7 Range Contraction 1.05%
Narrow Range Bar Range Contraction 1.05%
Gapped Up Strength 1.05%
Oversold Stochastic Weakness 1.05%
Stochastic Buy Signal Bullish 2.88%

   Recent Intraday Alerts

Alert Time
Possible Inside Day about 3 hours ago
Gap Up Closed about 6 hours ago
Reversed from Up about 6 hours ago
60 Minute Opening Range Breakdown about 7 hours ago
20 DMA Resistance about 7 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 23.51
52 Week Low 14.445
Average Volume 1,797,316
200-Day Moving Average 17.71
50-Day Moving Average 16.43
20-Day Moving Average 15.70
10-Day Moving Average 15.27
Average True Range 0.45
RSI (14) 42.86
ADX 19.24
+DI 24.17
-DI 25.79
Chandelier Exit (Long, 3 ATRs) 16.52
Chandelier Exit (Short, 3 ATRs) 15.94
Upper Bollinger Bands 16.86
Lower Bollinger Band 14.54
Percent B (%b) 0.37
BandWidth 14.72
MACD Line -0.40
MACD Signal Line -0.39
MACD Histogram -0.0093
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 16.08
Resistance 3 (R3) 16.12 15.94 15.96
Resistance 2 (R2) 15.94 15.76 15.91 15.93
Resistance 1 (R1) 15.66 15.65 15.57 15.62 15.89
Pivot Point 15.48 15.48 15.43 15.46 15.48
Support 1 (S1) 15.20 15.30 15.11 15.16 14.89
Support 2 (S2) 15.02 15.19 15.00 14.85
Support 3 (S3) 14.74 15.02 14.82
Support 4 (S4) 14.70