Country Icon

ProShares UltraShort Industrials (SIJ) - Buy, Sell or Hold?

Trade DateCurrent Candlestick PatternPrevious Candlestick PatternWhenPerformance Since
Fri, 17 Nov 2017NoneHanging ManWed, 06 Sep 2017-11.39%
***Stock database and scans are updated around midnight (New York time) every trading day.
18.68 0.00 (0%) Nov 17 4:00pm EDT
Open: 18.68 Range: 18.68 - 18.68 Vol: 0K Avg Vol: 0.47K
EPS: 0.00 P/E ratio: 0.00 EBITDA: N/A Mkt Cap: N/A
Analyze "SIJ" - FREE 30 Day Trial of Market Analyst 7
Short Term: Trend is Down
Last Trade is below the 5 day moving average at 18.78
Medium Term: Trading is Range Bound
Last Trade is above the 20 day moving average at 18.35
Last Trade is below the 50 day moving average at 18.97
Long Term: Trend is Down
Last Trade is below the 200 day moving average at 21.60
* Data normalized for Splits & Dividends. Report data issues
How to use this info: Stock Timing With Moving Averages
Daily Chart of SIJ

ETF Trend Analysis - Buy, Sell or Hold "ProShares UltraShort Industrials" (SIJ)?

SIJ is in a very strong downtrend. For the last 52 weeks, SIJ has maintained to stay firmly below the 200 day moving average for 100% of the time. Rallies will be sold into until the downtrend reverses. The medium term trend for SIJ is also extremely bearish and weak, having traded almost 85% of the time below the 50 day moving average. The 20 day moving average is also showing some signs of weakness as SIJ has been trading below its 20 SMA for 67.5% of the time in the last 8 weeks. As SIJ is in a strong downtrend characterized by the 200 SMA, currently at 21.60, the most likely scenario is that rallies will be sold into until the 200 SMA is convincingly taken out. Technically, there is very little reason to recommend a buy on this counter, although SIJ may get a short term oversold bounce around here. Click here for the latest support & resistance levels to help you finetune your entry into or exit out of "SIJ".
Objective Technical Analysis by BannRonn TA LogicEngine ver 1.1. Last Updated - Fri, 17 Nov 2017
Exchange Traded Funds Above 200 Day Moving Average
TickerNameTrend AnalysisSupport/Resistance