This is an example only of the technical analysis that could be used in an automated trading system. we do not use exact model, yet, principles of analysis and generating trading signals are similar.
Indicator | Last | Sentiment* |
UWM 20-day Moving Average | 37.70 | Bearish |
UWM 50-day Moving Average | 37.89 | Bearish |
UWM MACD (12,26) | -1.30 | MACD sentiment is Bearish |
UWM MACD Signal | -0.35 | |
UWM MACD Histogram | -0.95 | |
UWM 50-day Raw Stochastics | 4.31 | Strongly Bearish |
UWM Stochastics %K(50) | 2.82 | |
UWM Stochastics %D(50) | 7.03 | |
UWM RSI, Relative Strength Index (20) | 19.88 | Strongly Bearish |
UWM Average Gain | 0.14 | |
UWM Average Loss | 0.56 | |
UWM MFI, Money Flow Index (14) | 22.11 | Bearish |
UWM Positive Money Flow | 108 M | |
UWM Negative Money Flow | 380 M | |
UWM 20-day Volume Oscillator | 0.68 | No abnormal volume activity |
UWM Percentage Volume Oscillator | -31.85 | |
UWM MV Oscillator | 0.00 | |
UWM 20-day Average True Range (ATR) | 1.29 | Bearish -11 |
UWM 14-day Standard Deviation | 1.93 | |
UWM 14-day Relative Deviation | 5.24 % | |
UWM Annualized Volatility | 83.12 | |
UWM Overall Mid-Term Sentiment | -11 (Bearish, Extreme) |
The PROSHARES ULTRA RUSSELL 2000 sentiment above is 100% mechanical and based on the UWM technical indicators. The PROSHARES ULTRA RUSSELL 2000 sentiment is measured in the frame from minus 12 to plus 12 where UWM sentiment below minus 10 and above pus 10 is associated as oversold and overbought sentiment respectfully. Yet, the PROSHARES ULTRA RUSSELL 2000 overbought and oversold readings may not necessary signal coming reversal, but rather indicate that the UWM stock is predisposed to a reversal.
Our trading signals in the members' area are not based on the same trading system. Therefore the trading signals may not necessary go along with sentiment you see in the table above.
UWM tracks the Russell 2000 Index (200%). The Russell 2000 Index measures the performance of the small-cap segment of the U.S. equity universe and is comprised of the smallest 2000 companies in the Russell 3000 Index, representing approximately 10% of the total market capitalization of that Index. It includes approximately 2000 of the smallest securities based on a combination of their market cap and current index membership. UWM fund belons to the "Leveraged Equities" stock marketsector. This exchange traded fund was lunched on Tuesday, January 23, 2007.