Meyka Pro is live. Get 50% off your first 3 months.Get Started →
Meyka Pro banner
ProShares - UltraPro Short S&P500

SPXU Technical Analysis Summary (AMEX)

Analyze SPXU on the AMEX with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

SPXU●AMEX
Financial ServicesAsset Management - Leveraged
$34.99
$1.42(3.90%)
U.S. Market opens in 4h 7m

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

SPXU Technical Analysis Summary (AMEX)

ProShares - UltraPro Short S&P500 (AMEX: SPXU) stock currently shows a neutral trend on the AMEX, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 49.02)
Trend Strength:Moderate (ADX: 20.62)
Volatility:Medium (ATR: 1.50)
Support/Resistance:$32.31 – $38.28 (Bollinger Bands)

Technical conditions suggest ProShares - UltraPro Short S&P500 on the AMEX is awaiting a decisive move. Overall, ProShares - UltraPro Short S&P500 remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 49.02

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 40.83

Neutral
Mid-range signal with no clear trend.

Williams %R: -74.45

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): 0.63

Neutral
Price change is minimal.

Takeaway:ProShares - UltraPro Short S&P500 shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 0.62

Bullish
Bullish, trend momentum is strengthening.

ADX: 20.62

Moderate
Moderate trend, direction gaining strength.

ATR (14): 1.50

Low
Low volatility, stable price action.

CCI (14): -33.95

Bearish
Bearish, momentum remains under pressure.

Takeaway:ProShares - UltraPro Short S&P500 shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$38.28
Middle Band (SMA 20)
$35.30
Lower Band
$32.31
Current Position
Within Bands

Takeaway:ProShares - UltraPro Short S&P500 trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$38.51
Middle Line (EMA 20)
$35.51
Lower Channel
$32.51
Squeeze Status
Squeeze On

Takeaway:ProShares - UltraPro Short S&P500 trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume44.99M
Money Flow Index61.44Bullish, inflows support continued momentum.
Relative Vigor Index38.32Bearish, price momentum favors sellers.

Overall Takeaway:SPXU shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of ProShares - UltraPro Short S&P500 (AMEX: SPXU), here are the key trading signals and recommendations:

Bullish Signals

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for ProShares - UltraPro Short S&P500 are mixed, suggesting a Hold or wait-and-see approach.

(AMEX: SPXU) Technical Analysis FAQ