PROSHARES ULTRA DOW30 (DDM) Stock Technical Analysis
NYSEARCA:DDM - NYSE Arca - US74347R3057 - ETF - Currency: USD
We assign a technical rating of 0 out of 10 to DDM. DDM's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, DDM is a bad performer in the overall market: 67% of all stocks are doing better.
DDM is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
In the last month DDM has a been trading in the 69.08 - 93.07 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
DDM has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 87.44. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 76.65, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for DDM in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
72.32
108.38
We found 2 important support areas.
- A support zone ranging from 75.76 to 76.65. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @73.05 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 87.44 to 87.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @94.37 from a horizontal line in the daily time frame.
- A resistance zone ranging from 99.01 to 99.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @107.31 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS33.1
Mansfield-0.78
10 Day High85.15
10 Day Low73.1
20 Day High93.07
20 Day Low69.08
52 Week High107.6
52 Week Low69.08
Performance
1 Week10.86%
2 Weeks-0.16%
1 Month-7.98%
3 Month-20.58%
6 Month-12.1%
12 Month0.94%
2 Year23.65%
3 Year26.21%
5 Year127.68%
10 Year266.98%
15 Year910.08%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.69
RSI(14)47.38
LBB73.82
UBB87.02
82.49
+0.51 (+0.62%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.62%
1 Week10.86%
2 Weeks-0.16%
1 Month-7.98%
3 Month-20.58%
6 Month-12.1%
12 Month0.94%
2 Year23.65%
3 Year26.21%
5 Year127.68%
10 Year266.98%
15 Year910.08%
Volatility
ATR(14)4.94
ATR(20)%6.46%
ATR Inc-67.59%
Range Today2.24
ADR(20)4.56
ADR(20)%5.52%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS33.1
Mansfield-0.78
10 Day High85.15
10 Day Low73.1
20 Day High93.07
20 Day Low69.08
52 Week High107.6
52 Week Low69.08
CS1 End76.65
CR1 Start87.44
Volume & EV
DER(3)3.78%
DER(5)4.63%
Volume179.60K
Volume Incr-32.91%
Vol(5)313.72K
Vol(50)320.24K