Meyka Pro is live. Get 50% off your first 3 months.Get Started →
Meyka Pro banner
ProShares - Ultra Dow30

DDM Technical Analysis Summary (AMEX)

Analyze DDM on the AMEX with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

DDM●AMEX
Financial ServicesAsset Management - Leveraged
$62.09
$1.38(2.18%)
U.S. Market is Open · 14:40

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

DDM Technical Analysis Summary (AMEX)

ProShares - Ultra Dow30 (AMEX: DDM) stock currently shows a bearish trend on the AMEX, supported by momentum and weak buying pressure.

Overall Sentiment:Sell
Momentum:Bearish to Weak (RSI: 38.66)
Trend Strength:Moderate (ADX: 22.61)
Volatility:Low (ATR: 1.20)
Support/Resistance:$61.29 – $68.39 (Bollinger Bands)

Technical conditions suggest ProShares - Ultra Dow30 on the AMEX is awaiting a decisive move. This mix signals that ProShares - Ultra Dow30 is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 38.66

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 20.81

Bearish
Momentum remains weak below midpoint.

Williams %R: -80.60

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -5.49

Strongly Bearish
Sharp downside momentum.

Takeaway:ProShares - Ultra Dow30 shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: -1.13

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 22.61

Moderate
Moderate trend, direction gaining strength.

ATR (14): 1.20

Low
Low volatility, stable price action.

CCI (14): -89.11

Bearish
Bearish, momentum remains under pressure.

Takeaway:ProShares - Ultra Dow30 shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$68.39
Middle Band (SMA 20)
$64.84
Lower Band
$61.29
Current Position
Within Bands

Takeaway:ProShares - Ultra Dow30 trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$66.91
Middle Line (EMA 20)
$64.52
Lower Channel
$62.12
Squeeze Status
No Squeeze

Takeaway:ProShares - Ultra Dow30 trades near the lower channel, signaling strong support and possible rebound.

Volume & Money Flow Analysis
On-Balance Volume-2.79M
Money Flow Index19.98Bullish, oversold conditions signal rebound potential.
Relative Vigor Index31.96Bearish, price momentum favors sellers.

Overall Takeaway:DDM shows oversold money flow, with rebound potential building.

Technical Trading Signals Summary
Based on the current technical analysis of ProShares - Ultra Dow30 (AMEX: DDM), here are the key trading signals and recommendations:

Bullish Signals

ADX above 20 → strong underlying trend.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:ProShares - Ultra Dow30 shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

(AMEX: DDM) Technical Analysis FAQ