Meyka Pro banner
ProShares - UltraPro Russell2000

URTY Technical Analysis Summary (AMEX)

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

URTY●AMEX
Financial ServicesAsset Management - Leveraged
$70.28
$2.97(4.41%)
U.S. Market opens in 5h 41m

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

URTY Technical Analysis Summary (AMEX)

ProShares - UltraPro Russell2000 (AMEX: URTY) stock currently shows a bullish trend on the AMEX, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Neutral to Bullish (RSI: 55.59)
Trend Strength:Moderate (ADX: 28.78)
Volatility:Medium (ATR: 2.83)
Support/Resistance:$61.11 – $70.85 (Bollinger Bands)

Technical conditions suggest ProShares - UltraPro Russell2000 on the AMEX is awaiting a decisive move. Technical conditions suggest ProShares - UltraPro Russell2000 is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 55.59

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 68.00

Bullish
Buying momentum building without extremes.

Williams %R: -14.53

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 9.05

Strongly Bullish
Strong upside momentum.

Takeaway:ProShares - UltraPro Russell2000 shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: -0.54

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 28.78

Moderate
Moderate trend, direction gaining strength.

ATR (14): 2.83

Medium
Medium volatility, healthy price movement.

CCI (14): 123.12

Bearish Risk
Bearish risk, overbought levels suggest caution.

Takeaway:ProShares - UltraPro Russell2000 shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$70.85
Middle Band (SMA 20)
$65.98
Lower Band
$61.11
Current Position
Within Bands

Takeaway:ProShares - UltraPro Russell2000 trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$73.10
Middle Line (EMA 20)
$67.43
Lower Channel
$61.77
Squeeze Status
Squeeze On

Takeaway:ProShares - UltraPro Russell2000 trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume-1.16M
Money Flow Index62.33Bullish, inflows support continued momentum.
Relative Vigor Index67.06Bullish, price momentum strongly favors buyers.

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

Technical Trading Signals Summary
Based on the current technical analysis of ProShares - UltraPro Russell2000 (AMEX: URTY), here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

Price near upper Bollinger Band → potential resistance and pullback risk.

Overall Recommendation:Technical indicators for ProShares - UltraPro Russell2000 are mixed, suggesting a Hold or wait-and-see approach.

(AMEX: URTY) Technical Analysis FAQ