PROSHARES SHORT S&P500 (SH)
US74347B4251 - ETF
Taking everything into account, SH scores 0 out of 10 in our technical rating. SH scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, SH is a bad performer in the overall market: 79% of all stocks are doing better.
SH is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
SH has an average volume of 11595100 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month SH has a been trading in a tight range between 41.25 and 43.39.
Considerably lower volume is observed in the last couple of days.
The technical rating of SH 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
40.83
54.52
We found 1 important support area.
- A support zone ranging from 41.24 to 41.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
5 important resistance areas can be observed.
- A resistance zone ranging from 41.90 to 43.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 43.92 to 44.16. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @45.55 from a trend line in the daily time frame.
- Resistance @46.93 from a horizontal line in the weekly time frame.
- Resistance @53.98 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS21.43
Mansfield-2.05
10 Day High43.39
10 Day Low41.25
20 Day High43.39
20 Day Low41.25
52 Week High53
52 Week Low41.25
Performance
1 Week-1.41%
2 Weeks-1.5%
1 Month-2.04%
3 Month-5.3%
6 Month-9.62%
12 Month-20.61%
2 Year-35.67%
3 Year-24.28%
5 Year-57.05%
10 Year-76.33%
15 Year-90.19%
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)0.04
RSI(14)39.25
LBB40.81
UBB43.07
PROSHARES SHORT S&P500
NYSEARCA:SH (12/24/2024, 7:37:35 PM)
Premarket: 41.43 +0.18 (+0.44%)41.25
-0.44 (-1.06%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.06%
1 Week-1.41%
2 Weeks-1.5%
1 Month-2.04%
3 Month-5.3%
6 Month-9.62%
12 Month-20.61%
2 Year-35.67%
3 Year-24.28%
5 Year-57.05%
10 Year-76.33%
15 Year-90.19%
Volatility
ATR(14)0.48
ATR(20)%0.98%
ATR Inc77.69%
Range Today0.41
ADR(20)0.35
ADR(20)%0.85%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS21.43
Mansfield-2.05
10 Day High43.39
10 Day Low41.25
20 Day High43.39
20 Day Low41.25
52 Week High53
52 Week Low41.25
CS1 End41.24
CR1 Start41.9
Volume & EV
DER(3)-1.06%
DER(5)0.77%
Volume1.32M
Volume Incr38.55%
Vol(5)4.60M
Vol(50)11.60M