PROSHARES ULT MSCI EMER MKTS (EET) Stock Technical Analysis
NYSEARCA:EET - NYSE Arca - US74347X3026 - ETF - Currency: USD
Overall EET gets a technical rating of 6 out of 10. Although EET has been one of the better performers in the overall market, we have a mixed picture in the medium term time frame. But recently some decent action can be observed again.
Warning: EET has an average volume of 7050 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
When comparing the yearly performance of all stocks, we notice that EET is one of the better performing stocks in the market, outperforming 77% of all stocks.
EET 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 EET has a been trading in the 51.91 - 58.70 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
EET has an average technical rating and also the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
47.24
58.41
When analyzing the support we can see 4 important areas.
- A support zone ranging from 54.19 to 55.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 52.62 to 52.98. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @49.49 from a trend line in the weekly time frame.
- A support zone ranging from 47.72 to 48.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 56.98 to 57.83. This zone is formed by a combination of multiple trend lines 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
CRS77.86
Mansfield0.03
10 Day High57.5
10 Day Low51.92
20 Day High58.7
20 Day Low51.92
52 Week High64.73
52 Week Low45.98
Performance
1 Week5.59%
2 Weeks-2.36%
1 Month4.81%
3 Month2.46%
6 Month9.45%
12 Month9.23%
2 Year10.09%
3 Year-21.62%
5 Year32.64%
10 Year-19.44%
15 Year-36.97%
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)-0.13
RSI(14)55.59
LBB52.21
UBB58.97
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 |
|---|---|---|---|
| 57.84 | 54.18 | 3.66 (6.33%) | 15.80% |
| An entry @57.84. This is a Buy Stop order right above the resistance zone. | An exit @54.18. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 3.66 points, which is 6.33%. | When investing 15.80% 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.
NYSEARCA:EET (3/7/2025, 8:21:09 PM)
56.0558
+0.51 (+0.92%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.92%
1 Week5.59%
2 Weeks-2.36%
1 Month4.81%
3 Month2.46%
6 Month9.45%
12 Month9.23%
2 Year10.09%
3 Year-21.62%
5 Year32.64%
10 Year-19.44%
15 Year-36.97%
Volatility
ATR(14)1.45
ATR(20)%2.36%
ATR Inc-50.6%
Range Today0.29
ADR(20)0.77
ADR(20)%1.37%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS77.86
Mansfield0.03
10 Day High57.5
10 Day Low51.92
20 Day High58.7
20 Day Low51.92
52 Week High64.73
52 Week Low45.98
CS1 End55.35
CR1 Start56.98
Volume & EV
DER(3)13.17%
DER(5)7.07%
Volume1.30K
Volume Incr-77.14%
Vol(5)2.42K
Vol(50)7.05K