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ProShares - UltraShort Bloomberg Crude Oil

SCO Technical Analysis Summary (AMEX)

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

SCO●AMEX
Financial ServicesAsset Management - Leveraged
$20.03
$0.37(1.81%)
U.S. Market is Open · 11:55

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 (AMEX)

ProShares - UltraShort Bloomberg Crude Oil (AMEX: SCO) stock currently shows a bearish trend on the AMEX, supported by momentum and weak buying pressure.

Overall Sentiment:Sell
Momentum:Bearish to Weak (RSI: 35.83)
Trend Strength:Strong (ADX: 34.40)
Volatility:Medium (ATR: 0.90)
Support/Resistance:$18.69 – $23.37 (Bollinger Bands)

Technical conditions suggest ProShares - UltraShort Bloomberg Crude Oil on the AMEX is awaiting a decisive move. Overall, ProShares - UltraShort Bloomberg Crude Oil remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 35.83

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 27.35

Bearish
Momentum remains weak below midpoint.

Williams %R: -70.27

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -7.23

Strongly Bearish
Sharp downside momentum.

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

Trend & Volatility

MACD: -1.34

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 34.40

Strong
Strong trend, momentum well established.

ATR (14): 0.90

Low
Low volatility, stable price action.

CCI (14): -66.56

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
$23.37
Middle Band (SMA 20)
$21.03
Lower Band
$18.69
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$23.12
Middle Line (EMA 20)
$21.31
Lower Channel
$19.51
Squeeze Status
No Squeeze

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

Volume & Money Flow Analysis
On-Balance Volume-69.72M
Money Flow Index40.15Neutral, balanced money flows with no clear signal.
Relative Vigor Index42.49Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:SCO shows balanced money flow with a slight bearish tilt.

Technical Trading Signals Summary
Based on the current technical analysis of ProShares - UltraShort Bloomberg Crude Oil (AMEX: SCO), 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.

(AMEX: SCO) Technical Analysis FAQ