ProShares Ultra Gold (UGL)
NYSEArca
Scores are generated from technical indicators for educational purposes and are not a recommendation to buy or sell.
Price history
Daily closes and volumeAI Analysis Generated from the indicator readings below. Educational only.
ProShares Ultra Gold is trading at $39.46, down 7.00% on the session. The 50 day average sits at $49.07 and the 200 day at $56.68, which puts the stock in a downtrend. RSI is at 34.9, which reads as weak, and MACD is bearish crossover. Volume is below average.
The nearest support is around $41.49 with resistance near $46.44, so that band frames the current range. Average daily movement is roughly $1.37, or about 3.5% of the share price, which is what any stop placement has to allow for. The overall health score of 29 out of 100 combines a trend score of 7, momentum of 21 and a risk score of 77.
Technical indicators
About ProShares Ultra Gold
The fund seeks to meet its investment objective by investing, under normal market conditions, in any one of, or combinations of, Financial Instruments (including swap agreements, futures contracts, forward contracts and option contracts) based on the benchmark. The types and mix of Financial Instruments in which the fund invests may vary daily at the discretion of the Sponsor. It will not invest directly in any commodity.