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ProShares - Ultra Russell2000

UWM Technical Analysis Summary (AMEX)

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

UWM●AMEX
Financial ServicesAsset Management - Leveraged
$62.93
$0.32(0.51%)
U.S. Market opens in 33h 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

UWM Technical Analysis Summary (AMEX)

ProShares - Ultra Russell2000 (AMEX: UWM) stock currently shows a neutral trend on the AMEX, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 44.79)
Trend Strength:Weak (ADX: 15.57)
Volatility:Medium (ATR: 1.83)
Support/Resistance:$62.72 – $67.47 (Bollinger Bands)

Technical conditions suggest ProShares - Ultra Russell2000 on the AMEX is awaiting a decisive move. This mix signals that ProShares - Ultra Russell2000 is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 44.79

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 16.53

Bullish
Oversold zone signals rebound potential.

Williams %R: -88.79

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -5.22

Strongly Bearish
Sharp downside momentum.

Takeaway:ProShares - Ultra Russell2000 shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: -0.02

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 15.57

Weak
Weak trend, market trading sideways.

ATR (14): 1.83

Low
Low volatility, stable price action.

CCI (14): -137.71

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:ProShares - Ultra Russell2000 shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$67.47
Middle Band (SMA 20)
$65.09
Lower Band
$62.72
Current Position
Within Bands

Takeaway:ProShares - Ultra Russell2000 trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$68.07
Middle Line (EMA 20)
$64.41
Lower Channel
$60.74
Squeeze Status
Squeeze On

Takeaway:ProShares - Ultra Russell2000 trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume838.12K
Money Flow Index38.55Bearish, selling pressure outweighs inflows.
Relative Vigor Index33.08Bearish, price momentum favors sellers.

Overall Takeaway:UWM shows bearish money flow, with sellers dominating volume and vigor.

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

Bullish Signals

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 Russell2000 are mixed, suggesting a Hold or wait-and-see approach.

(AMEX: UWM) Technical Analysis FAQ