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Proshares Ultrapro Midcap400 $UMDD Trading Report

The Proshares Ultrapro Midcap400 (NASDAQ: UMDD) 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 UMDD, 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 Strong Neutral
P1 0 0 77.85
P2 110.73 110.34 96.17
P3 114.90 113.80 112.86
Triggers may have already come
Support and Resistance Plot Chart for UMDD

Long Term Trading Plans for UMDD

November 11, 2019, 1:45 pm ET

The Technical Summary and Trading Plans for UMDD 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 UMDD Report.

UMDD - (Long) Support Plan

The technical summary data tells us to buy UMDD near 96.17 with an upside target of 112.86. This data also tells us to set a stop loss @ 95.91 to protect against excessive loss in case the stock begins to move against the trade. 96.17 is the first level of support below 112.11 , and by rule, any test of support is a buy signal. In this case, support 96.17 is being tested, a buy signal would exist.

UMDD - (Short) Resistance Plan

The technical summary data is suggesting a short of UMDD as it gets near 112.86 with a downside target of 96.17. We should have a stop loss in place at 113.12 though. 112.86 is the first level of resistance above 112.11, and by rule, any test of resistance is a short signal. In this case, if resistance 112.86 is being tested, a short signal would exist.


UMDD Long Term Analysis


UMDD Dividend Chart

UMDD PE chart

UMDD PEG chart