Meyka Pro is live. Get 50% off your first 3 months.Get Started →
Meyka Pro banner
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
$66.99
$0.89(1.35%)
U.S. Market opens in 45h 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: 52.88)
Trend Strength:Moderate (ADX: 20.30)
Volatility:Medium (ATR: 1.58)
Support/Resistance:$64.61 – $69.39 (Bollinger Bands)

Technical conditions suggest ProShares - Ultra S&P500 on the AMEX is awaiting a decisive move. Overall, ProShares - Ultra S&P500 shows bullish strength, supported by steady momentum and volume.

Momentum Indicators

RSI (14): 52.88

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 38.64

Bearish
Momentum remains weak below midpoint.

Williams %R: -30.82

Bullish
Buying pressure building steadily.

Rate of Change (ROC): -0.55

Neutral
Price change is minimal.

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

Trend & Volatility

MACD: -0.27

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 20.30

Moderate
Moderate trend, direction gaining strength.

ATR (14): 1.58

Low
Low volatility, stable price action.

CCI (14): 2.10

Neutral
Neutral, no strong directional signal.

Takeaway:ProShares - Ultra S&P500 shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$69.39
Middle Band (SMA 20)
$67.00
Lower Band
$64.61
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$69.71
Middle Line (EMA 20)
$66.55
Lower Channel
$63.39
Squeeze Status
Squeeze On

Takeaway:ProShares - Ultra S&P500 trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume10.87M
Money Flow Index63.23Bullish, inflows support continued momentum.
Relative Vigor Index62.95Bullish, price momentum strongly favors buyers.

Overall Takeaway:SSO shows bullish money flow, with volume and vigor supporting buyers.

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.

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.

Overall Recommendation:Technical indicators for ProShares - Ultra S&P500 are mixed, suggesting a Hold or wait-and-see approach.

(AMEX: SSO) Technical Analysis FAQ