PROSHARES ULTRASHORT EURO (EUO) Stock Technical Analysis
NYSEARCA:EUO - NYSE Arca - US74347W8828 - ETF - Currency: USD
Taking everything into account, EUO scores 1 out of 10 in our technical rating. EUO has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
In the last month EUO has a been trading in the 31.72 - 35.42 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
When compared to the yearly performance of all other stocks, EUO outperforms 60% of them, which is more or less in line with the market.
EUO 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.
The technical rating of EUO is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
28.86
36.28
2 important support areas can be observed.
- A support zone ranging from 29.99 to 30.31. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A support zone ranging from 29.15 to 29.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 33.64 to 34.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 35.76 to 35.92. 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
CRS60.33
Mansfield-0.31
10 Day High35.1
10 Day Low31.72
20 Day High35.42
20 Day Low31.72
52 Week High36.07
52 Week Low29.37
Performance
1 Week-8.67%
2 Weeks-7.29%
1 Month-8.28%
3 Month-4.61%
6 Month6.33%
12 Month6.44%
2 Year9.92%
3 Year16.88%
5 Year14.99%
10 Year18.44%
15 Year53.46%
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)-0.28
RSI(14)29.02
LBB31.95
UBB35.77
NYSEARCA:EUO (3/7/2025, 8:22:28 PM)
31.92
-0.36 (-1.12%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.12%
1 Week-8.67%
2 Weeks-7.29%
1 Month-8.28%
3 Month-4.61%
6 Month6.33%
12 Month6.44%
2 Year9.92%
3 Year16.88%
5 Year14.99%
10 Year18.44%
15 Year53.46%
Volatility
ATR(14)0.51
ATR(20)%1.51%
ATR Inc-9.96%
Range Today0.33
ADR(20)0.33
ADR(20)%1.05%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS60.33
Mansfield-0.31
10 Day High35.1
10 Day Low31.72
20 Day High35.42
20 Day Low31.72
52 Week High36.07
52 Week Low29.37
CS1 End30.31
CR1 Start33.64
Volume & EV
DER(3)3.79%
DER(5)0.51%
Volume13.60K
Volume Incr55.09%
Vol(5)47.48K
Vol(50)33.99K