PROSHARES ETHER ETF-USD INC (EETH) Stock Technical Analysis
NYSEARCA:EETH - NYSE Arca - US74349Y1001 - ETF - Currency: USD
We assign a technical rating of 0 out of 10 to EETH. EETH scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
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, EETH is a bad performer in the overall market: 96% of all stocks are doing better.
EETH is currently trading near the lower end of its 52 week range, which is not a good sign. EETH is lagging the S&P500 Index which is trading in the middle of its 52 week range.
EETH is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
The technical rating of EETH is bad and it also does not present a quality setup 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
40.10
83.91
We can see 5 important resistance areas.
- Resistance @42.04 from a horizontal line in the daily time frame.
- Resistance @43.98 from a trend line in the daily time frame.
- Resistance @50.16 from a trend line in the daily time frame.
- Resistance @77.80 from a trend line in the weekly time frame.
- A resistance zone ranging from 81.83 to 83.08. 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
CRS4.81
Mansfield-3.79
10 Day High50.8
10 Day Low37.62
20 Day High53.71
20 Day Low37.62
52 Week High93.4
52 Week Low37.62
Performance
1 Week-3.62%
2 Weeks-18.58%
1 Month-21.94%
3 Month-49.91%
6 Month-9.7%
12 Month-55.02%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)-0.22
RSI(14)30.35
LBB36.39
UBB54.16
40.5
-0.91 (-2.2%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-2.2%
1 Week-3.62%
2 Weeks-18.58%
1 Month-21.94%
3 Month-49.91%
6 Month-9.7%
12 Month-55.02%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.78
ATR(20)%6.61%
ATR Inc-33.78%
Range Today2.08
ADR(20)2.31
ADR(20)%5.7%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS4.81
Mansfield-3.79
10 Day High50.8
10 Day Low37.62
20 Day High53.71
20 Day Low37.62
52 Week High93.4
52 Week Low37.62
CS1 EndN/A
CR1 Start42.04
Volume & EV
DER(3)-3.1%
DER(5)-3.46%
Volume55.70K
Volume Incr84.03%
Vol(5)169.48K
Vol(50)83.97K