Proshares Ultrapro Short Dow30 $SDOW Technical Update

The Proshares Ultrapro Short Dow30 (NASDAQ: SDOW) 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 SDOW, and 1300 other stocks too, updated in real time for our trial subscribers. The data below is a snapshot, but updates are available now.

Review the Trading Plans:

Technical Summary

Term →Near Mid Long
Bias Strong Neutral Neutral
P1 14.34 13.06 12.95
P2 15.63 14.06 15.14
P3 16.66 15.38 17.63

Long Term Trading Plans for SDOW

October 12, 2018, 3:15 am ET

The Technical Summary and Trading Plans for SDOW 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 SDOW Report.

SDOW - (Long) Support Plan

Buy over 15.14 target 17.63 stop loss @ 14.88.
The technical summary data tells us to buy SDOW near 15.14 with an upside target of 17.63. This data also tells us to set a stop loss @ 14.88 to protect against excessive loss in case the stock begins to move against the trade. 15.14 is the first level of support below 15.9037 , and by rule, any test of support is a buy signal. In this case, support 15.14 is being tested, a buy signal would exist.

SDOW - (Short) Resistance Plan

Short under 17.63 target 15.14 stop loss @ 17.89
The technical summary data is suggesting a short of SDOW as it gets near 17.63 with a downside target of 15.14. We should have a stop loss in place at 17.89 though. 17.63 is the first level of resistance above 15.9037, and by rule, any test of resistance is a short signal. In this case, if resistance 17.63 is being tested, a short signal would exist.

SDOW Long Term Analysis

SDOW Dividend Chart

SDOW PE chart

SDOW PEG chart