PROSHARES ULTRASHORT DOW30 (DXD) Stock Technical Analysis
NYSEARCA:DXD - NYSE Arca - US74347G3746 - ETF - Currency: USD
We assign a technical rating of 7 out of 10 to DXD. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, DXD is only an average performer.
In the last month DXD has a been trading in the 27.22 - 35.79 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
DXD has an average volume of 1343020 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, DXD did better than 76% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
DXD 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.
Considerably lower volume is observed in the last couple of days.
DXD has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 28.74, a Stop Loss order could be placed below this zone.
More info and screens
24.16
33.58
3 important support areas can be observed.
- A support zone ranging from 28.24 to 28.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @27.14 from a horizontal line in the daily time frame.
- A support zone ranging from 24.40 to 24.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- Resistance @31.39 from a trend line in the daily time frame.
- A resistance zone ranging from 32.17 to 33.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS76.3
Mansfield0.44
10 Day High32.93
10 Day Low28.43
20 Day High35.79
20 Day Low27.22
52 Week High35.79
52 Week Low24.23
Performance
1 Week-10.09%
2 Weeks-0.41%
1 Month3.08%
3 Month17.64%
6 Month4.22%
12 Month-11.18%
2 Year-28.89%
3 Year-38.19%
5 Year-73.88%
10 Year-93.08%
15 Year-98.57%
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)-0.25
RSI(14)48.8
LBB27.25
UBB33.04
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 31.40 | 28.42 | 2.98 (9.49%) | 10.54% |
| An entry @31.40. This is a Buy Stop order right above the resistance zone. | An exit @28.42. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 2.98 points, which is 9.49%. | When investing 10.54% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
29.15
-0.17 (-0.58%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.58%
1 Week-10.09%
2 Weeks-0.41%
1 Month3.08%
3 Month17.64%
6 Month4.22%
12 Month-11.18%
2 Year-28.89%
3 Year-38.19%
5 Year-73.88%
10 Year-93.08%
15 Year-98.57%
Volatility
ATR(14)1.98
ATR(20)%7%
ATR Inc-71.33%
Range Today0.79
ADR(20)1.78
ADR(20)%6.1%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS76.3
Mansfield0.44
10 Day High32.93
10 Day Low28.43
20 Day High35.79
20 Day Low27.22
52 Week High35.79
52 Week Low24.23
CS1 End28.74
CR1 Start31.39
Volume & EV
DER(3)-3.4%
DER(5)-2.8%
Volume415.20K
Volume Incr-62.39%
Vol(5)570.06K
Vol(50)1.34M