ProShares Ultra Bloomberg Natural Gas (BOIL)

ProShares Ultra Bloomberg Natural Gas is trading at $16.11, down 0.25% on the session. The 50 day average sits at $20.23 and the 200 day at $28.21, which puts the stock in a downtrend. RSI is at 36.2, which reads as weak, and MACD is bearish crossover. Volume is above average.

The nearest support is around $16.88 with resistance near $20.35, so that band frames the current range. Average daily movement is roughly $1.13, or about 7.0% of the share price, which is what any stop placement has to allow for. The overall health score of 21 out of 100 combines a trend score of 3, momentum of 20 and a risk score of 52.

The fund seeks to meet its investment objective by investing normally in Natural Gas futures contracts. It may also invest in swaps if the market for a specific futures contract experiences emergencies (e.g., natural disaster, terrorist attack, or an act of God) or disruptions (e.g., a trading halt or a flash crash) or in situations where the Sponsor deems it impractical or inadvisable to buy or sell futures contracts (such as during periods of market volatility or illiquidity).