REPORTING FOR 2019-11-11 | LOGISTICS-BUSINESS-REVIEW.COM: We have done an in-depth analysis of how EQRR has been trading over the last 2 weeks and the past day especially. On its latest session, ProShares Equities for Rising Rates ETF ($EQRR) opened at 42.26, reaching a high of 42.575 and a low of 42.26 before closing at a price of 42.575. There was a total volume of 302.0.
VOLUME INDICATORS FOR PROSHARES EQUITIES FOR RISING RATES ETF ($EQRR): We saw an accumulation-distribution index of 85.195, an on-balance volume of 42.62, chaikin money flow of 1.0 and a force index of 0.103. There was an ease of movement rating of -0.0001, a volume-price trend of 3.08991 and a negative volume index of 1000.0.
VOLATILITY INDICATORS FOR PROSHARES EQUITIES FOR RISING RATES ETF ($EQRR): We noted an average true range of 0.48746, bolinger bands of 42.92997, an upper bollinger band of 41.94003, lower bollinger band of 42.26, a bollinger high band indicator of 1.0, bollinger low band indicator of 1.0, a central keltner channel of 42.365, high band keltner channel of 42.05, low band keltner channel of 42.68, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 42.26, a donchian channel low band of 42.26, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0.
TREND INDICATORS FOR PROSHARES EQUITIES FOR RISING RATES ETF ($EQRR): We calculated a Moving Average Convergence Divergence (MACD) of 0.00785, a MACD signal of 0.00436, a MACD difference of 0.00349, a fast Exponential Moving Average (EMA) indicator of 42.26, a slow Exponential Moving Average (EMA) indicator of 42.26, an Average Directional Movement Index (ADX) of unknown, an ADX positive of 20.0, an ADX negative of 20.0, a positive Vortex Indicator (VI) of 1.0, a negative VI of 1.0, a trend vortex difference of 0.06979, a trix of 6.53792, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of 66.66667, a Detrended Price Oscillator (DPO) of -2.84042, a KST Oscillator (KST) of 72.05607 and a KST Oscillator (KST Signal) of 72.05607 (leaving a KST difference of 2.21971). We also found an Ichimoku rating of 42.4175, an Ichimoku B rating of 42.4175, a Ichimoku visual trend A of 39.57461, an Ichimoku visual trend B of 39.64819, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of 4.0.
MOMENTUM INDICATORS FOR PROSHARES EQUITIES FOR RISING RATES ETF ($EQRR): We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 100.0, a True Strength Index (TSI) of 100.0, an ultimate oscillator of 100.0, a stochastic oscillator of 100.0, a stochastic oscillator signal of 100.0, a Williams %R rating of -100.0 and an awesome oscillator of -0.08142.
RETURNS FOR PROSHARES EQUITIES FOR RISING RATES ETF ($EQRR): There was a daily return of 7.20561, a daily log return of 0.8248 and a cumulative return of 0.82821.
What the heck does all of this mean? If you are new to technical analysis, the above may be gibberish to you, and that’s OK (though we do advise learning these things). The bottom line is that AS OF 2019-11-11 (if you are reading this later, the analysis will be out of date), here is what our deep analysis of technical indicators are telling us for ProShares Equities for Rising Rates ETF ($EQRR)…
DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling ProShares Equities for Rising Rates ETF ($EQRR) based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.