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ProShares - Short Russell2000

RWM•AMEX
Financial Services
Asset Management - Leveraged
$16.03
$-0.10(-0.62%)
U.S. Market opens in 15h 9m

ProShares - Short Russell2000 (RWM) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for ProShares - Short Russell2000 (AMEX:RWM).

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

RWM Technical Analysis Summary

ProShares - Short Russell2000 stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 48.71)
Trend Strength:Strong (ADX: 34.15)
Volatility:Medium (ATR: 0.39)
Support/Resistance:$15.81 – $16.73 (Bollinger Bands)

This mix signals that ProShares - Short Russell2000 is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 48.71

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 21.75

Bearish
Momentum remains weak below midpoint.

Williams %R: -88.42

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -2.49

Bearish
Selling pressure outweighs buying.

Takeaway:ProShares - Short Russell2000 shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: 0.15

Bullish
Bullish, trend momentum is strengthening.

ADX: 34.15

Strong
Strong trend, momentum well established.

ATR (14): 0.39

Low
Low volatility, stable price action.

CCI (14): -73.75

Bearish
Bearish, momentum remains under pressure.

Takeaway:ProShares - Short Russell2000 shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$16.73
Middle Band (SMA 20)
$16.27
Lower Band
$15.81
Current Position
Within Bands

Takeaway:ProShares - Short Russell2000 trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$16.95
Middle Line (EMA 20)
$16.18
Lower Channel
$15.40
Squeeze Status
Squeeze On

Takeaway:ProShares - Short Russell2000 trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume-54.67M
Money Flow Index59.41Neutral, balanced money flows with no clear signal.
Relative Vigor Index37.97Bearish, price momentum favors sellers.

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

Technical Trading Signals Summary
Based on the current technical analysis of ProShares - Short Russell2000, 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

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

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for ProShares - Short Russell2000 are mixed, suggesting a Hold or wait-and-see approach.

Technical Analysis FAQ