Technical Analysis for SPXU - ProShares UltraPro Short S&P500

Grade Last Price % Change Price Change
F 27.76 -1.25% -0.35
SPXU closed down 1.25 percent on Wednesday, July 3, 2024, on 57 percent of normal volume. The bears made the stock sink to a new 52-week low. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.
4 Watchers
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Down Down Down

Date Alert Name Type % Chg
New 52 Week Closing Low Bearish 0.00%
New 52 Week Low Weakness 0.00%
Stochastic Reached Oversold Weakness 0.00%
Down 3 Days in a Row Weakness 0.00%
Oversold Stochastic Weakness 0.00%
New 52 Week Closing Low Bearish -1.25%
Gapped Up Strength -1.25%
Shooting Star Candlestick Bearish -3.14%
Gapped Down Weakness -3.14%
Bullish Engulfing Bullish -3.68%

   Recent Intraday Alerts

Alert Time
Down 1% about 9 hours ago
New 52 Week Low about 9 hours ago
60 Minute Opening Range Breakdown about 10 hours ago
1.5x Volume Pace about 11 hours ago
Fell Below Previous Day's Low about 12 hours ago

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Profile

The investment seeks daily investment results before fees and expenses that correspond to three times the inverse (-3x) of the daily performance of the S&P 500®. The fund invests in derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as three times the inverse (-3x) of the daily return of the index. The index is a measure of large-cap U.S. stock market performance. It is a float-adjusted, market capitalization-weighted index of 500 U.S. operating companies and real estate investment trusts selected through a process. The fund is non-diversified.
Classification

Keywords: Exchange Traded Fund ETF Real Estate Investment Trust Inverse Exchange Traded Fund Leveraged ETF Ultra ETF Inverse ETF Bear Market ETF Capitalization Weighted Index Silver Exchange Traded Product

Is SPXU 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 64.4326
52 Week Low 27.6961
Average Volume 7,066,573
200-Day Moving Average 40.40
50-Day Moving Average 31.31
20-Day Moving Average 29.04
10-Day Moving Average 28.52
Average True Range 0.73
RSI (14) 29.08
ADX 32.78
+DI 10.08
-DI 32.70
Chandelier Exit (Long, 3 ATRs) 30.25
Chandelier Exit (Short, 3 ATRs) 29.88
Upper Bollinger Bands 30.63
Lower Bollinger Band 27.46
Percent B (%b) 0.1
BandWidth 10.91
MACD Line -0.87
MACD Signal Line -0.90
MACD Histogram 0.0311
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 28.49
Resistance 3 (R3) 28.55 28.36 28.36
Resistance 2 (R2) 28.36 28.18 28.33 28.32
Resistance 1 (R1) 28.06 28.06 27.97 28.00 28.28
Pivot Point 27.88 27.88 27.83 27.85 27.88
Support 1 (S1) 27.58 27.69 27.49 27.52 27.24
Support 2 (S2) 27.39 27.58 27.37 27.20
Support 3 (S3) 27.09 27.39 27.16
Support 4 (S4) 27.03