Technical Analysis for UYM - ProShares Ultra Basic Materials
| Grade | Last Price | % Change | Price Change |
|---|---|---|---|
| D | 27.55 | 1.66% | 0.45 |
UYM closed up 1.66 percent on Wednesday, November 20, 2024, on 30 percent of normal volume. The stock crossed above its 200 day moving average, improving its long-term outlook by crossing above that critical trendline. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or bounces.
| ADX | Long Term | Intermediate Term | Short Term |
|---|---|---|---|
| Weak or Absent | Up | Down | Down |
| Date | Alert Name | Type | % Chg |
|---|---|---|---|
| Slingshot Bearish | Bearish Swing Setup | 0.00% | |
| Crossed Above 200 DMA | Bullish | 0.00% | |
| Oversold Stochastic | Weakness | 0.00% | |
| Fell Below 200 DMA | Bearish | 1.66% | |
| Gapped Down | Weakness | 1.66% | |
| Lower Bollinger Band Touch | Weakness | 1.66% | |
| Oversold Stochastic | Weakness | 1.66% | |
| Slingshot Bearish | Bearish Swing Setup | 1.05% | |
| Crossed Above 200 DMA | Bullish | 1.05% | |
| Stochastic Buy Signal | Bullish | 1.05% |
| Alert | Time |
|---|---|
| Lower Bollinger Band Support | 2 days ago |
| 2x Volume Pace | 2 days ago |
| 1.5x Volume Pace | 2 days ago |
| 3x Volume Pace | 2 days ago |
| Fell Below Lower Bollinger Band | 2 days ago |
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Basic chart:
The investment seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the Dow Jones U.S. Basic MaterialsSM Index.
The fund invests in securities and derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as two times (2x) the daily return of the index. The index measures the performance of the basic materials sector of the U.S. equity market. The fund is non-diversified.
Keywords: Exchange Traded Fund ETF Leveraged ETF Ultra ETF Silver Exchange Traded Product Wagering Dow Jones Us Basic Materials Sector Index
Classification
Keywords: Exchange Traded Fund ETF Leveraged ETF Ultra ETF Silver Exchange Traded Product Wagering Dow Jones Us Basic Materials Sector Index
| Indicator | Bull Case | Neutral / Hold | Bear Case |
|---|---|---|---|
| 50 DMA | |||
| 200 DMA | |||
| ADX Trend | |||
| Oversold / Overbought | |||
| Relative Strength |
| Indicator | Value |
|---|---|
| 52 Week High | 31.15 |
| 52 Week Low | 21.9993 |
| Average Volume | 10,126 |
| 200-Day Moving Average | 27.30 |
| 50-Day Moving Average | 29.05 |
| 20-Day Moving Average | 28.27 |
| 10-Day Moving Average | 27.83 |
| Average True Range | 0.52 |
| RSI (14) | 41.86 |
| ADX | 22.5 |
| +DI | 24.67 |
| -DI | 42.44 |
| Chandelier Exit (Long, 3 ATRs) | 29.00 |
| Chandelier Exit (Short, 3 ATRs) | 28.28 |
| Upper Bollinger Bands | 29.80 |
| Lower Bollinger Band | 26.74 |
| Percent B (%b) | 0.26 |
| BandWidth | 10.80 |
| MACD Line | -0.53 |
| MACD Signal Line | -0.39 |
| MACD Histogram | -0.1408 |
| Pivot Point Level | Traditional / Classic | Fibonacci | Demark | Woodie | Camarilla |
|---|---|---|---|---|---|
| Resistance 4 (R4) | 28.27 | ||||
| Resistance 3 (R3) | 28.19 | 27.87 | 28.15 | ||
| Resistance 2 (R2) | 27.87 | 27.69 | 27.91 | 28.11 | |
| Resistance 1 (R1) | 27.71 | 27.57 | 27.79 | 27.79 | 28.07 |
| Pivot Point | 27.39 | 27.39 | 27.43 | 27.43 | 27.39 |
| Support 1 (S1) | 27.23 | 27.21 | 27.31 | 27.31 | 27.03 |
| Support 2 (S2) | 26.91 | 27.10 | 26.95 | 26.99 | |
| Support 3 (S3) | 26.75 | 26.91 | 26.95 | ||
| Support 4 (S4) | 26.83 |
