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ProShares - Short Russell2000

RWM Technical Analysis Summary (AMEX)

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

RWM●AMEX
Financial ServicesAsset Management - Leveraged
$14.41
$0.24(1.69%)
U.S. Market opens in 15h 26m

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 (AMEX)

ProShares - Short Russell2000 (AMEX: RWM) stock currently shows a bullish trend on the AMEX, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Neutral to Bullish (RSI: 50.97)
Trend Strength:Moderate (ADX: 22.20)
Volatility:Low (ATR: 0.25)
Support/Resistance:$14.02 – $14.85 (Bollinger Bands)

Technical conditions suggest ProShares - Short Russell2000 on the AMEX is awaiting a decisive move. Technical signals confirm buyers remain in control of ProShares - Short Russell2000’s price action.

Momentum Indicators

RSI (14): 50.97

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 31.71

Bearish
Momentum remains weak below midpoint.

Williams %R: -54.88

Neutral
Balanced market without strong signals.

Rate of Change (ROC): -1.03

Bearish
Selling pressure outweighs buying.

Takeaway:ProShares - Short Russell2000 shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 0.01

Bullish
Bullish, trend momentum is strengthening.

ADX: 22.20

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.25

Low
Low volatility, stable price action.

CCI (14): -5.24

Neutral
Neutral, no strong directional signal.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$14.85
Middle Band (SMA 20)
$14.44
Lower Band
$14.02
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$14.88
Middle Line (EMA 20)
$14.38
Lower Channel
$13.87
Squeeze Status
Squeeze On

Takeaway:ProShares - Short Russell2000 trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume53.28M
Money Flow Index39.39Bearish, selling pressure outweighs inflows.
Relative Vigor Index44.46Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:RWM shows bearish money flow, with sellers dominating volume and vigor.

Technical Trading Signals Summary
Based on the current technical analysis of ProShares - Short Russell2000 (AMEX: RWM), here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

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:ProShares - Short Russell2000 stock shows a Strong Buy signal — momentum and trend strength are firmly positive, supported by stable volatility.

(AMEX: RWM) Technical Analysis FAQ