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Proshares Ultrapro Short Midca $SMDD Trading Report

The Proshares Ultrapro Short Midca (NASDAQ: SMDD) update and the technical summary table below can help you manage risk and optimize returns. Here we provide day, swing, and longer-term trading plans for SMDD, and we cover 1000 other stocks too. This is a snapshot, it was real-time when the report was published, but prices change and so do support and resistance levels. Update this report, and get unlimited real time reports here Unlimited Real Time Reports.

Technical Summary

Term →Near Mid Long
Rating Strong Strong Weak
P1 0 0 7.08
P2 13.50 13.31 15.78
P3 14.60 14.50 31.00
Triggers may have already come
Support and Resistance Plot Chart for SMDD

Long Term Trading Plans for SMDD

September 27, 2020, 8:30 pm ET

The Technical Summary and Trading Plans for SMDD 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 SMDD Report.

SMDD - (Long) Support Plan

The technical summary data tells us to buy SMDD near 7.08 with an upside target of 15.78. This data also tells us to set a stop loss @ 7.06 to protect against excessive loss in case the stock begins to move against the trade. 7.08 is the first level of support below 13.87 , and by rule, any test of support is a buy signal. In this case, support 7.08 would be being tested, so a buy signal would exist.

SMDD - (Short) Resistance Plan

The technical summary data is suggesting a short of SMDD as it gets near 15.78 with a downside target of 7.08. We should have a stop loss in place at 15.83 though. 15.78 is the first level of resistance above 13.87, and by rule, any test of resistance is a short signal. In this case, if resistance 15.78 is being tested, so a short signal would exist.


SMDD Long Term Analysis


SMDD Dividend Chart

SMDD PE chart

SMDD PEG chart