Breakout Stocks of Week 16 @ NYSEARCA
NASDAQ was up last week (week 15) by 4.68% ending at 22,902.89 points after gaining 1,023.71 points during the week. Our system has detected some possible breakout stocks for the following week and these should be on your watchlist. These are the stocks that are bouncing up with good increase in volume and are likely to do good in short term. One of these stocks are Proshares Short High Yield NYSEARCA:SJB. This stock has had a buy signal since Apr 10, 2026 when the price was $15.36 , but have so far fallen 0% to $15.36. Some other companies are on our watchlist to, among these are OPPENHEIMER ULTRA DIVIDEND REVENUE ETF NYSEARCA:RDIV Exchange Traded Concepts Trust NYSEARCA:COAL ProShares Short S&P500 NYSEARCA:SH and ProShares Short Russell2000 NYSEARCA:RWM which all got a breakout pattern emerging.
| Date | Company | Price | Week 16 |
|---|---|---|---|
| Proshares Short High Yield | $15.36 | $15.25 | -0.716% |
| Oppenheimer Ultra Dividend Revenue Etf | $54.75 | $55.49 | 1.35% |
| Exchange Traded Concepts Trust | $26.00 | $24.94 | -4.08% |
| Proshares Short S&p500 | $36.35 | $34.80 | -4.26% |
| Proshares Short Russell2000 | $15.42 | $14.62 | -5.19% |
The Proshares Short High Yield ETF price gained 0.392% on the last trading day (Friday, 10th Apr 2026), rising from $15.30 to $15.36. During the last trading day the ETF fluctuated 0.523% from a day low at $15.29 to a day high of $15.37. The price has fallen in 7 of the last 10 days and is down by -1.73% for this period. Volume fell on the last day by -66 thousand shares and in total, 358 thousand shares were bought and sold for approximately $5.49 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.
Several of the signals/indicators are negative, and we believe that this will affect on the development for the next days and maybe possible weeks. However, over time, we think that today's level holds a possible buying opportunity and that the price will be higher during or at the end of this 3-month period.
The OPPENHEIMER ULTRA DIVIDEND REVENUE ETF price fell by -0.671% on the last day (Friday, 10th Apr 2026) from $55.12 to $54.75. It has now fallen 4 days in a row. During the last trading day the ETF fluctuated 1.03% from a day low at $54.66 to a day high of $55.22. The price has fallen in 7 of the last 10 days and is down by -1.63% for this period. Volume has increased on the last day by 13 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 44 thousand shares were bought and sold for approximately $2.41 million.
Several of the signals/indicators are negative, and we believe that this will affect on the development for the next days and maybe possible weeks. However, over time, we think that today's level holds a possible buying opportunity and that the price will be higher during or at the end of this 3-month period.
The Exchange Traded Concepts Trust trust price gained 0.231% on the last trading day (Friday, 10th Apr 2026), rising from $25.94 to $26.00. During the last trading day the trust fluctuated 1.74% from a day low at $25.81 to a day high of $26.26. The price has been going up and down for this period, and there has been a -5.21% loss for the last 2 weeks. Volume fell on the last day by -62 thousand shares and in total, 191 thousand shares were bought and sold for approximately $4.97 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.
Exchange Traded Concepts Trust holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.
The ProShares Short S&P500 ETF price gained 0.165% on the last trading day (Friday, 10th Apr 2026), rising from $36.29 to $36.35. During the last trading day the ETF fluctuated 0.539% from a day low at $36.20 to a day high of $36.40. The price has fallen in 5 of the last 10 days and is down by -4.89% for this period. Volume fell on the last day by -5 million shares and in total, 6 million shares were bought and sold for approximately $208.76 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.
ProShares Short S&P500 holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.
The ProShares Short Russell2000 ETF price gained 0.260% on the last trading day (Friday, 10th Apr 2026), rising from $15.38 to $15.42. During the last trading day the ETF fluctuated 0.85% from a day low at $15.34 to a day high of $15.47. The price has fallen in 7 of the last 10 days and is down by -5.28% for this period. Volume fell on the last day by -4 million shares and in total, 14 million shares were bought and sold for approximately $214.28 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.
ProShares Short Russell2000 holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.
About ProShares Short Russell2000:
The fund invests in financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the fund's investment objective. It is a float-adjusted, market capitalization-weighted index containing approximately 2000 of the smallest companies in the Russell 3000® Index or approximately 10% of the total market capitalization of the Russell 3000® Index. The fund is non-diversified.
Despite these candidates are looking good from a technical perspective they may not perform as expected. You should always be cautious when trading and base your decisions on more than one source of information. This does not constitute an offer or recommendation to buy or sell securities.
GOLDEN STAR
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