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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
$50.87
$0.70(1.40%)
U.S. Market opens in 11h 53m

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 Bullish (RSI: 50.02)
Trend Strength:Weak (ADX: 16.00)
Volatility:Medium (ATR: 1.97)
Support/Resistance:$46.23 – $58.69 (Bollinger Bands)

Technical conditions suggest ProShares - Ultra Gold on the AMEX is awaiting a decisive move. Technical conditions suggest ProShares - Ultra Gold is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 50.02

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 28.09

Bearish
Momentum remains weak below midpoint.

Williams %R: -50.30

Neutral
Balanced market without strong signals.

Rate of Change (ROC): -4.11

Bearish
Selling pressure outweighs buying.

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

Trend & Volatility

MACD: -0.31

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 16.00

Weak
Weak trend, market trading sideways.

ATR (14): 1.97

Low
Low volatility, stable price action.

CCI (14): -2.10

Neutral
Neutral, no strong directional signal.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$58.69
Middle Band (SMA 20)
$52.46
Lower Band
$46.23
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$54.89
Middle Line (EMA 20)
$50.96
Lower Channel
$47.02
Squeeze Status
No Squeeze

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

Volume & Money Flow Analysis
On-Balance Volume18.79M
Money Flow Index43.24Neutral, balanced money flows with no clear signal.
Relative Vigor Index55.24Neutral to Bullish, buyers hold a slight edge.

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

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

RSI above 50 → positive momentum from buyers.

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 Gold are mixed, suggesting a Hold or wait-and-see approach.

(AMEX: UGL) Technical Analysis FAQ