tradethepoolpool ads

Proshares Ultra Ftse China 50 $XPP Technical Update

The Proshares Ultra Ftse China 50 (NYSE: XPP) update and the technical summary table below can help you manage risk and optimize returns. We have day, swing, and longer-term trading plans for XPP, and 1300 other stocks too, updated in real time for our trial subscribers. The data below is a snapshot, but updates are available now.

Technical Summary

Term →Near Mid Long
Rating Strong Neutral Weak
P1 59.60 50.78 48.75
P2 61.68 58.68 57.86
P3 64.01 66.14 66.63
Triggers may have already come
Support and Resistance Plot Chart for XPP

Long Term Trading Plans for XPP

November 17, 2018, 7:30 pm ET

The Technical Summary and Trading Plans for XPP help you determine where to buy, sell, and set risk controls. The data is best used in conjunction with our Market Analysis and Stock Correlation Filters too, because those help us go with the flow of the market as well. Going with the flow is extremely important, so review our Market Analysis with this XPP Report.

XPP - (Long) Support Plan

Buy over 57.86 target 66.63 stop loss @ 57.6.
The technical summary data tells us to buy XPP near 57.86 with an upside target of 66.63. This data also tells us to set a stop loss @ 57.6 to protect against excessive loss in case the stock begins to move against the trade. 57.86 is the first level of support below 63.91 , and by rule, any test of support is a buy signal. In this case, support 57.86 is being tested, a buy signal would exist.

XPP - (Short) Resistance Plan

Short under 66.63 target 57.86 stop loss @ 66.89
The technical summary data is suggesting a short of XPP as it gets near 66.63 with a downside target of 57.86. We should have a stop loss in place at 66.89 though. 66.63 is the first level of resistance above 63.91, and by rule, any test of resistance is a short signal. In this case, if resistance 66.63 is being tested, a short signal would exist.


XPP Long Term Analysis


XPP Dividend Chart

XPP PE chart

XPP PEG chart