Technical Analysis for SKYU - ProShares Ultra Cloud Computing

Grade Last Price % Change Price Change
B 25.07 0.72% 0.18
SKYU closed up 0.72 percent on Wednesday, July 3, 2024, on 65 percent of normal volume. The price action carved out a bearish shooting star candlestick pattern. That may indicate a downside reversal. Look for price to trade beneath the low of the shooting star for confirmation. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or a pulls back.
0 Watchers
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

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

Date Alert Name Type % Chg
Shooting Star Candlestick Bearish 0.00%
Cup with Handle Other 0.00%
Narrow Range Bar Range Contraction 0.00%
Upper Bollinger Band Walk Strength 0.00%
Above Upper BB Strength 0.00%
Overbought Stochastic Strength 0.00%
Upper Bollinger Band Touch Strength 0.00%
Stochastic Sell Signal Bearish 0.72%
Cup with Handle Other 0.72%
Narrow Range Bar Range Contraction 0.72%

   Recent Intraday Alerts

Free Daily (Stock) Chart Reading

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.

Profile

The investment seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the ISE CTA Cloud Computing Index. The index is comprised of companies classified as cloud computing companies by the CTA. The Advisor expects that its cash balances maintained in connection with the use of financial instruments will typically be held in money market instruments. It invests in common stock issued by public companies. The fund invests in derivatives, which are financial instruments whose value is derived from the value of an underlying asset or assets. It is non-diversified.
Classification

Keywords: Cloud Computing Financial Market Underlying

Top 10 Components

Symbol Grade Price % Change Allocation
ORCL A 0.77 3.68
ANET A 2.36 3.59
AMZN A -1.21 3.44
MSFT A 0.32 3.35
PSTG C 1.47 3.32
GOOGL A 0.31 3.30
IBM B -0.89 3.15
NTNX D -1.94 3.14
MDB D 1.95 2.65
NET B -0.61 2.48

Is SKYU 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 26.38
52 Week Low 14.38
Average Volume 1,437
200-Day Moving Average 21.53
50-Day Moving Average 23.47
20-Day Moving Average 23.25
10-Day Moving Average 23.84
Average True Range 0.48
RSI (14) 66.56
ADX 17.82
+DI 45.88
-DI 26.34
Chandelier Exit (Long, 3 ATRs) 23.79
Chandelier Exit (Short, 3 ATRs) 22.75
Upper Bollinger Bands 25.05
Lower Bollinger Band 21.45
Percent B (%b) 1.01
BandWidth 15.48
MACD Line 0.37
MACD Signal Line 0.07
MACD Histogram 0.2994
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 25.43
Resistance 3 (R3) 25.45 25.34 25.37
Resistance 2 (R2) 25.34 25.25 25.34 25.35
Resistance 1 (R1) 25.21 25.20 25.28 25.19 25.33
Pivot Point 25.10 25.10 25.14 25.10 25.10
Support 1 (S1) 24.97 25.01 25.04 24.95 24.81
Support 2 (S2) 24.86 24.96 24.86 24.79
Support 3 (S3) 24.73 24.86 24.77
Support 4 (S4) 24.71