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ProShares - Ultra S&P500

SSO Technical Analysis Summary (AMEX)

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

SSO●AMEX
Financial ServicesAsset Management - Leveraged
$70.82
$0.36(0.51%)
U.S. Market opens in 13h 36m

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

SSO Technical Analysis Summary (AMEX)

ProShares - Ultra S&P500 (AMEX: SSO) stock currently shows a neutral trend on the AMEX, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bullish (RSI: 50.61)
Trend Strength:Weak (ADX: 11.00)
Volatility:Low (ATR: 1.20)
Support/Resistance:$68.96 – $72.80 (Bollinger Bands)

Technical conditions suggest ProShares - Ultra S&P500 on the AMEX is awaiting a decisive move. Overall, ProShares - Ultra S&P500 remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 50.61

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 59.79

Neutral
Mid-range signal with no clear trend.

Williams %R: -47.09

Neutral
Balanced market without strong signals.

Rate of Change (ROC): -0.23

Neutral
Price change is minimal.

Takeaway:ProShares - Ultra S&P500 shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 0.39

Bullish
Bullish, trend momentum is strengthening.

ADX: 11.00

Weak
Weak trend, market trading sideways.

ATR (14): 1.20

Low
Low volatility, stable price action.

CCI (14): -38.85

Bearish
Bearish, momentum remains under pressure.

Takeaway:ProShares - Ultra S&P500 shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$72.80
Middle Band (SMA 20)
$70.88
Lower Band
$68.96
Current Position
Within Bands

Takeaway:ProShares - Ultra S&P500 trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$73.29
Middle Line (EMA 20)
$70.89
Lower Channel
$68.49
Squeeze Status
Squeeze On

Takeaway:ProShares - Ultra S&P500 trades around the middle line, reflecting balanced price action.

Volume & Money Flow Analysis
On-Balance Volume-9.06M
Money Flow Index40.10Neutral, balanced money flows with no clear signal.
Relative Vigor Index38.36Bearish, price momentum favors sellers.

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

Technical Trading Signals Summary
Based on the current technical analysis of ProShares - Ultra S&P500 (AMEX: SSO), here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

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 S&P500 are mixed, suggesting a Hold or wait-and-see approach.

(AMEX: SSO) Technical Analysis FAQ