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ProShares - Ultra Dow30

DDM Technical Analysis Summary (AMEX)

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

DDM●AMEX
Financial ServicesAsset Management - Leveraged
$66.83
$3.91(6.21%)
U.S. Market opens in 5h 31m

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

DDM Technical Analysis Summary (AMEX)

ProShares - Ultra Dow30 (AMEX: DDM) stock currently shows a neutral trend on the AMEX, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Bullish (RSI: 61.74)
Trend Strength:Weak (ADX: 18.42)
Volatility:Medium (ATR: 1.41)
Support/Resistance:$61.68 – $66.36 (Bollinger Bands)

Technical conditions suggest ProShares - Ultra Dow30 on the AMEX is awaiting a decisive move. Overall, ProShares - Ultra Dow30 remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 61.74

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 48.47

Neutral
Mid-range signal with no clear trend.

Williams %R: -4.29

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 4.17

Bullish
Steady upward momentum.

Takeaway:ProShares - Ultra Dow30 shows steady upward momentum, supported by improving signals.

Trend & Volatility

MACD: 0.18

Bullish
Bullish, trend momentum is strengthening.

ADX: 18.42

Weak
Weak trend, market trading sideways.

ATR (14): 1.41

Low
Low volatility, stable price action.

CCI (14): 190.10

Bearish Risk
Bearish risk, overbought levels suggest caution.

Takeaway:ProShares - Ultra Dow30 shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$66.36
Middle Band (SMA 20)
$64.02
Lower Band
$61.68
Current Position
Above Upper Band

Takeaway:ProShares - Ultra Dow30 trades near the upper band, signaling overbought conditions and risk of pullback.

Keltner Channels
Upper Channel
$66.96
Middle Line (EMA 20)
$64.13
Lower Channel
$61.31
Squeeze Status
Squeeze On

Takeaway:ProShares - Ultra Dow30 trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume-1.54M
Money Flow Index69.32Bullish, inflows support continued momentum.
Relative Vigor Index55.82Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:DDM shows bullish money flow, with volume and vigor supporting buyers.

Technical Trading Signals Summary
Based on the current technical analysis of ProShares - Ultra Dow30 (AMEX: DDM), here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

Price trading above middle Bollinger Band → mid-term support intact.

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

Bearish Signals

Price near upper Bollinger Band → potential resistance and pullback risk.

Overall Recommendation:Technical indicators for ProShares - Ultra Dow30 are mixed, suggesting a Hold or wait-and-see approach.

(AMEX: DDM) Technical Analysis FAQ