PROSHARES ULTRASHORT SILVER (ZSL) Stock Technical Analysis
NYSEARCA:ZSL - NYSE Arca - US74347Y7224 - ETF - Currency: USD
Overall ZSL gets a technical rating of 1 out of 10. ZSL 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.
83% of all other stocks performed better in the past year than ZSL.
ZSL is currently trading near the lower end of its 52 week range, which is not a good sign. ZSL is lagging the S&P500 Index which is trading in the middle of its 52 week range.
In the last month ZSL has a been trading in the 29.12 - 40.13 range, which is quite wide. It is currently trading near the lows of this range.
The technical rating of ZSL 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
29.97
39.87
When analyzing the support we notice one important area.
- Support @30.27 from a trend line in the daily time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 35.60 to 35.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 37.07 to 37.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @38.22 from a horizontal line in the daily time frame.
- Resistance @39.48 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.4
Mansfield-1.78
10 Day High32.95
10 Day Low29.79
20 Day High40.13
20 Day Low29.12
52 Week High55.26
52 Week Low28.29
Performance
1 Week-2.34%
2 Weeks-3.99%
1 Month6.72%
3 Month-8.51%
6 Month-9.33%
12 Month-46.22%
2 Year-54.19%
3 Year-69.69%
5 Year-93.68%
10 Year-96.29%
15 Year-99.44%
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)46.35
LBB28.81
UBB35.41
31.3
+0.5 (+1.61%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.61%
1 Week-2.34%
2 Weeks-3.99%
1 Month6.72%
3 Month-8.51%
6 Month-9.33%
12 Month-46.22%
2 Year-54.19%
3 Year-69.69%
5 Year-93.68%
10 Year-96.29%
15 Year-99.44%
Volatility
ATR(14)1.49
ATR(20)%6.21%
ATR Inc-40.24%
Range Today1.28
ADR(20)1.45
ADR(20)%4.63%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.4
Mansfield-1.78
10 Day High32.95
10 Day Low29.79
20 Day High40.13
20 Day Low29.12
52 Week High55.26
52 Week Low28.29
CS1 End30.27
CR1 Start35.6
Volume & EV
DER(3)0.88%
DER(5)-1%
Volume278.60K
Volume Incr-25.03%
Vol(5)409.72K
Vol(50)416.19K