PROSHARES ULTRA S&P500 (SSO) Stock Technical Analysis
NYSEARCA:SSO - NYSE Arca - US74347R1077 - ETF - Currency: USD
Taking everything into account, SSO scores 0 out of 10 in our technical rating. SSO 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, SSO is a bad performer in the overall market: 61% of all stocks are doing better.
SSO has an average volume of 4161690 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
SSO 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 SSO has a been trading in the 60.84 - 85.19 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
SSO has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 78.34. Right above this resistance zone may be a good entry point.
More info and screens
66.50
100.73
2 important support areas can be observed.
- Support @70.26 from a trend line in the daily time frame.
- A support zone ranging from 67.17 to 69.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 78.34 to 78.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @88.74 from a horizontal line in the daily time frame.
- Resistance @97.52 from a horizontal line in the daily time frame.
- A resistance zone ranging from 99.73 to 99.73. 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
CRS39.19
Mansfield-0.74
10 Day High78.48
10 Day Low66.94
20 Day High85.19
20 Day Low60.84
52 Week High100.3
52 Week Low60.84
Performance
1 Week9.02%
2 Weeks9.46%
1 Month-8.08%
3 Month-20.92%
6 Month-14.22%
12 Month7.73%
2 Year52.13%
3 Year44.52%
5 Year181.51%
10 Year375.88%
15 Year1350.89%
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)1.06
RSI(14)51.43
LBB65.08
UBB80.4
78.33
+1.08 (+1.4%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.4%
1 Week9.02%
2 Weeks9.46%
1 Month-8.08%
3 Month-20.92%
6 Month-14.22%
12 Month7.73%
2 Year52.13%
3 Year44.52%
5 Year181.51%
10 Year375.88%
15 Year1350.89%
Volatility
ATR(14)5.66
ATR(20)%7.08%
ATR Inc-58.84%
Range Today2.06
ADR(20)4.7
ADR(20)%6%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS39.19
Mansfield-0.74
10 Day High78.48
10 Day Low66.94
20 Day High85.19
20 Day Low60.84
52 Week High100.3
52 Week Low60.84
CS1 End70.26
CR1 Start78.34
Volume & EV
DER(3)-0.96%
DER(5)0.61%
Volume2.89M
Volume Incr-34.25%
Vol(5)3.39M
Vol(50)4.16M