Weaker Buy Today DIG.L ranks #958 as BUY CANDIDATE. Stronger Buy
Today DIG.L ranks #958 as BUY CANDIDATE.

DIG.L stock PROSHARES ULTRA OIL & GAS PROSHARES ULTRA OIL & GAS

DIG.L stock
PROSHARES ULTRA OIL & GAS PROSHARES ULTRA OIL & GAS

April 18, 2019
Change 0.00%
Chart period: 2019-01-21 - 2019-04-18
VOLUME
Sell
TREND
Buy

MV LONG
Buy

MV SHORT
Buy

PIVOT
Sell

MACD
Buy

Will DIG.L stock price go up or down on Tue, 23 Apr 2019?

PROSHARES ULTRA OIL & GAS PROSHARES ULTRA OIL & GAS Forecast and Stock Analysis

Technical DIG.L stock analysis for April 18, 2019.

Buy candidate since 2019-02-27 Gain 7.97%
Shorts 3.24% ( 2013-01-15 )
Cash n/a
Loans n/a
Beta 2.32
ROA 5.41

No changes to the price of PROSHARES ULTRA OIL & GAS PROSHARES ULTRA OIL & GAS in the last trading day. The price has risen in 5 of the last 10 days and is up by 5.04% over the past 2 weeks.

Close price at the end of the last trading day (Thursday, 18th Apr 2019) of the DIG.L stock was £271.00.

During day the stock fluctuated 0.00% from a day low at £271.00 to a day high of £271.00.

30 day high of the DIG.L stock price was £273.00 and low was £253.00.
90 day high was £273.00 and low was £236.00.
52 week high for the PROSHARES ULTRA OIL & GAS PROSHARES ULTRA OIL & GAS - £273.00 and low - £228.00.

Trend

PROSHARES ULTRA OIL & GAS PROSHARES ULTRA OIL & GAS lies in the upper part of a strong rising trend in the short term, and this will normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break-up at the top trend line at £272.81 will firstly indicate a stronger raising rate. Given the current short-term trend, the stock is expected to rise 10.37% during the next 3 months and, with 90% probability hold a price between £286.51 and £301.10 at the end of this period.

Click here for today's Top 5 Trending Companies

Signals

PROSHARES ULTRA OIL & GAS PROSHARES ULTRA OIL & GAS holds buy signals from both short- and long-term moving averages. In addition, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down there will be some support from the lines at £268.71 and £257.96. A break down below any of these levels will issue sell signals. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sales signal was issued from a pivot top point on Tuesday April 16, 2019, which indicates further falls until a new bottom pivot has been found. Volume fell during the last trading day while price remained unchanged. This may be an early warning, but it may also not. We still recommend that you pay attention for the next couple of days.

Access today's Top 5 Golden Star Companies

Relative Strength Index (RSI)

The stock holds a RSI14 at 72 and is currently being overbought on RSI. This does not have to be a sales signal as many stocks may go both long and hard while being overbought on the RSI. It is therefore important to evaluate the history of the share as it may tell you something about the RSI-sensitiveness.

Access full RSI 14 and RSI 21 lists

Support & Resistance

PROSHARES ULTRA OIL & GAS PROSHARES ULTRA OIL & GAS finds support from accumulated volume at £258.00.

Support: £258.00 Price: £271.00 Resistance: £272.00

Risk

This stock is usually traded at good volume, and with minor daily changes the risk is considered to be low. During the last day, the stock moved £0.00 (0.00%) between high and low. For the last week, the stock has had a daily average volatility of 0.45%.

The stock is overbought on RSI14 and the RSI has been falling for the last couple of days. This together with the fact that the stock is in the upper part of the trend poses a possible good selling opportunity for the short-term trader. However, one should note that some stocks may go long and hard while being overbought. Regardless, the high RSI together with the trend position increases the risk and higher daily movements (volatility) should be expected. A correction down in the nearby future seems very likely and it is of great importance that the stock manages to break the trend before that occurs.

Our recommended stoploss: £260.26 (-3.96%) (This stock has low daily movements and this gives low risk. The RSI14 is 72 and this increases the risk substantially. There is a sell signal from pivot top found 2 days ago.)

Overall risk:

Very Low Low Medium High Very High

Weaker Buy Today DIG.L ranks #958 as BUY CANDIDATE. Stronger Buy
Today DIG.L ranks #958 as BUY CANDIDATE.