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ProShares UltraShort MSCI Mexico (SMK) - Buy, Sell or Hold?

Trade DateCurrent Candlestick PatternPrevious Candlestick PatternWhenPerformance Since
Wed, 06 Sep 2017NoneDojiWed, 16 Aug 20171.64%
***Stock database and scans are updated around midnight (New York time) every trading day.
15.50 0.00 (0%) Sep 06 2:05pm EDT
Open: 15.55 Range: 15.50 - 15.58 Vol: 1.44K Avg Vol: 0.73K
EPS: 0.00 P/E ratio: 0.00 EBITDA: N/A Mkt Cap: N/A
Analyze "SMK" - FREE 30 Day Trial of Market Analyst 7
Short Term: Trend is Down
Last Trade is below the 5 day moving average at 15.51
Medium Term: Trading is Range Bound
Last Trade is above the 20 day moving average at 15.41
Last Trade is below the 50 day moving average at 15.80
Long Term: Trend is Down
Last Trade is below the 200 day moving average at 21.30
* Data normalized for Splits & Dividends. Report data issues
How to use this info: Stock Timing With Moving Averages
Daily Chart of SMK

ETF Trend Analysis - Buy, Sell or Hold "ProShares UltraShort MSCI Mexico" (SMK)?

SMK is in a long term downtrend and it has traded about 75% of the time below the 200 day moving average in the last 52 weeks on daily average volume of 0.7K shares changing hands. The medium term trend for SMK is extremely bearish and weak, having traded almost 98% of the time below the 50 day moving average. The 20 day moving average is also showing some signs of weakness as SMK has been trading below its 20 SMA for 75% of the time in the last 8 weeks. As SMK is in a downtrend characterized by the 200 SMA, currently at 21.30, 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. Click here for the latest support & resistance levels to help you finetune your entry into or exit out of "SMK".
Objective Technical Analysis by BannRonn TA LogicEngine ver 1.1. Last Updated - Wed, 06 Sep 2017

News on "SMK" ETF

    Exchange Traded Funds Above 200 Day Moving Average
    TickerNameTrend AnalysisSupport/Resistance