PROSHARES SHORT S&P500 (SH) Stock Technical Analysis
NYSEARCA:SH - American Stock Exchange - US74349Y7537 - ETF - Currency: USD
We assign a technical rating of 1 out of 10 to SH. SH's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, SH is a bad performer in the overall market: 83% of all stocks are doing better.
SH is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
SH has an average volume of 4059780 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 40.84 and 43.25.
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
40.46
47.40
We found 1 important support area.
- A support zone ranging from 40.87 to 41.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 41.57 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 @44.97 from a trend line in the daily time frame.
- Resistance @46.93 from a horizontal 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
CRS17.76
Mansfield-1.75
10 Day High43.03
10 Day Low40.84
20 Day High43.25
20 Day Low40.84
52 Week High50.8
52 Week Low40.84
Performance
1 Week-0.15%
2 Weeks-3.57%
1 Month0.05%
3 Month-6.03%
6 Month-12.04%
12 Month-17.98%
2 Year-31.81%
3 Year-27.95%
5 Year-57.1%
10 Year-76.95%
15 Year-90.52%
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)-0.1
RSI(14)43.13
LBB40.54
UBB43.15
PROSHARES SHORT S&P500
NYSEARCA:SH (1/28/2025, 8:04:00 PM)
After market: 41.3 +0.03 (+0.07%)41.27
-0.34 (-0.82%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.82%
1 Week-0.15%
2 Weeks-3.57%
1 Month0.05%
3 Month-6.03%
6 Month-12.04%
12 Month-17.98%
2 Year-31.81%
3 Year-27.95%
5 Year-57.1%
10 Year-76.95%
15 Year-90.52%
Volatility
ATR(14)0.51
ATR(20)%1.34%
ATR Inc50.41%
Range Today0.56
ADR(20)0.42
ADR(20)%1.02%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.76
Mansfield-1.75
10 Day High43.03
10 Day Low40.84
20 Day High43.25
20 Day Low40.84
52 Week High50.8
52 Week Low40.84
CS1 End41.25
CR1 Start41.57
Volume & EV
DER(3)-4.2%
DER(5)-2.12%
Volume2.35M
Volume Incr-38.46%
Vol(5)2.97M
Vol(50)4.06M