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ProShares - UltraShort Bloomberg Crude Oil

SCO•AMEX
Financial Services
Asset Management - Leveraged
$7.90
$-0.03(-0.38%)
U.S. Market opens in 6h 47m

ProShares - UltraShort Bloomberg Crude Oil (SCO) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for ProShares - UltraShort Bloomberg Crude Oil (AMEX:SCO).

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

SCO Technical Analysis Summary

ProShares - UltraShort Bloomberg Crude Oil stock currently shows a bearish trend, weighed down by selling pressure and weak momentum.

Overall Sentiment:Sell
Momentum:Bearish to Weak (RSI: 32.69)
Trend Strength:Very Strong (ADX: 51.29)
Volatility:High (ATR: 0.67)
Support/Resistance:$7.23 – $9.57 (Bollinger Bands)

Overall, ProShares - UltraShort Bloomberg Crude Oil remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 32.69

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 24.91

Bearish
Momentum remains weak below midpoint.

Williams %R: -79.59

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -5.22

Strongly Bearish
Sharp downside momentum.

Takeaway:ProShares - UltraShort Bloomberg Crude Oil shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: -1.21

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 51.29

Very Strong
Very strong trend, powerful directional momentum.

ATR (14): 0.67

Low
Low volatility, stable price action.

CCI (14): -81.26

Bearish
Bearish, momentum remains under pressure.

Takeaway:ProShares - UltraShort Bloomberg Crude Oil shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$9.57
Middle Band (SMA 20)
$8.40
Lower Band
$7.23
Current Position
Within Bands

Takeaway:ProShares - UltraShort Bloomberg Crude Oil trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$10.30
Middle Line (EMA 20)
$8.97
Lower Channel
$7.64
Squeeze Status
Squeeze On

Takeaway:ProShares - UltraShort Bloomberg Crude Oil trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume-375.63M
Money Flow Index38.04Bearish, selling pressure outweighs inflows.
Relative Vigor Index29.22Bearish, price momentum favors sellers.

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

Technical Trading Signals Summary
Based on the current technical analysis of ProShares - UltraShort Bloomberg Crude Oil, here are the key trading signals and recommendations:

Bullish Signals

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:ProShares - UltraShort Bloomberg Crude Oil shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

Technical Analysis FAQ