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ProShares - Ultra Technology

ROM Technical Analysis Summary (AMEX)

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

ROM●AMEX
Financial ServicesAsset Management - Leveraged
$147.87
$2.08(1.39%)
U.S. Market opens in 13h 37m

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

ROM Technical Analysis Summary (AMEX)

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

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 40.04)
Trend Strength:Weak (ADX: 18.90)
Volatility:Medium (ATR: 5.21)
Support/Resistance:$148.29 – $171.11 (Bollinger Bands)

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

Momentum Indicators

RSI (14): 40.04

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 18.71

Bullish
Oversold zone signals rebound potential.

Williams %R: -77.95

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -7.61

Strongly Bearish
Sharp downside momentum.

Takeaway:ProShares - Ultra Technology shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: 1.89

Bullish
Bullish, trend momentum is strengthening.

ADX: 18.90

Weak
Weak trend, market trading sideways.

ATR (14): 5.21

High
High volatility, wide price fluctuations.

CCI (14): -201.45

Bearish
Bearish, oversold conditions may spark rebound.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$171.11
Middle Band (SMA 20)
$159.70
Lower Band
$148.29
Current Position
Below Lower Band

Takeaway:ProShares - Ultra Technology trades near the lower band, signaling oversold conditions and potential rebound.

Keltner Channels
Upper Channel
$167.54
Middle Line (EMA 20)
$157.13
Lower Channel
$146.71
Squeeze Status
No Squeeze

Takeaway:ProShares - Ultra Technology trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume-212.46K
Money Flow Index46.62Neutral, balanced money flows with no clear signal.
Relative Vigor Index29.18Bearish, price momentum favors sellers.

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

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

Bullish Signals

MACD above 0 → bullish trend confirmation.

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

Bearish Signals

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

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

(AMEX: ROM) Technical Analysis FAQ