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ProShares - Ultra Gold

UGL Technical Analysis Summary (AMEX)

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

UGL●AMEX
Financial ServicesAsset Management - Leveraged
$44.19
$1.36(2.99%)
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

UGL Technical Analysis Summary (AMEX)

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

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 44.98)
Trend Strength:Moderate (ADX: 25.66)
Volatility:Medium (ATR: 1.74)
Support/Resistance:$42.55 – $46.91 (Bollinger Bands)

Technical conditions suggest ProShares - Ultra Gold on the AMEX is awaiting a decisive move. This mix signals that ProShares - Ultra Gold is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 44.98

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 50.11

Neutral
Mid-range signal with no clear trend.

Williams %R: -58.90

Neutral
Balanced market without strong signals.

Rate of Change (ROC): 1.99

Bullish
Steady upward momentum.

Takeaway:ProShares - Ultra Gold shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: -0.93

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 25.66

Moderate
Moderate trend, direction gaining strength.

ATR (14): 1.74

Low
Low volatility, stable price action.

CCI (14): -35.85

Bearish
Bearish, momentum remains under pressure.

Takeaway:ProShares - Ultra Gold shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$46.91
Middle Band (SMA 20)
$44.73
Lower Band
$42.55
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$48.49
Middle Line (EMA 20)
$45.02
Lower Channel
$41.54
Squeeze Status
Squeeze On

Takeaway:ProShares - Ultra Gold trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume-4.24M
Money Flow Index67.31Bullish, inflows support continued momentum.
Relative Vigor Index56.42Neutral to Bullish, buyers hold a slight edge.

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

Technical Trading Signals Summary
Based on the current technical analysis of ProShares - Ultra Gold (AMEX: UGL), 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

No significant bearish signals detected.

Overall Recommendation:ProShares - Ultra Gold shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

(AMEX: UGL) Technical Analysis FAQ