0 XP   0   0   0

BetaPro S&P 500® -2x Daily Bear ETF

Check the daily chart of BetaPro S&P 500® -2x Daily Bear ETF. The closing price of 2022-09-30 was CAD 9.72 per share.

BetaPro S&P 500® -2x Daily Bear ETF Daily Candlestick Chart

1. Trend Indicators

1.1 Moving Averages

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

BetaPro S&P 500® -2x Daily Bear ETF Daily Moving Averages ChartBetaPro S&P 500® -2x Daily Bear ETF Daily Moving Averages Chart
1.2 Moving Average Convergence/Divergence (MACD)

Let's take a look of the Moving Average Convergence/Divergence (MACD) of BetaPro S&P 500® -2x Daily Bear ETF:

  • The Moving Average Convergence/Divergence (MACD) is 0.460. The Moving Average Convergence/Divergence (MACD) above zero is a bullish sign. +1
  • The MACD is higher than the signal line. This is a bullish indication. +1
BetaPro S&P 500® -2x Daily Bear ETF Daily Moving Average Convergence/Divergence (MACD) ChartBetaPro S&P 500® -2x Daily Bear ETF Daily Moving Average Convergence/Divergence (MACD) Chart
1.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index).

The ADX helps you determine the strength of a trend. Let's take a look of the ADX of BetaPro S&P 500® -2x Daily Bear ETF:

  • The ADX is 30.129. Strong Trend. +1
  • The ADX is rising, the current trend is strengthening. +1
  • The +DI is higher than the -DI. The current trend is up. +2
BetaPro S&P 500® -2x Daily Bear ETF Daily Directional Movement Index (DMI) ChartBetaPro S&P 500® -2x Daily Bear ETF Daily Directional Movement Index (DMI) Chart
1.4 Parabolic SAR
  • The Parabolic SAR is lower than the price. The current trend is up. +2
  • BetaPro S&P 500® -2x Daily Bear ETF Daily Parabolic SAR ChartBetaPro S&P 500® -2x Daily Bear ETF Daily Parabolic SAR Chart

    2. Momentum Indicators

    2.1 Relative Strength Index (RSI)
    • The RSI is above 50. +1
    • The RSI is above 70 and overbought. +2
    BetaPro S&P 500® -2x Daily Bear ETF Daily Relative Strength Index (RSI) ChartBetaPro S&P 500® -2x Daily Bear ETF Daily Relative Strength Index (RSI) Chart
    2.2 Stochastic Oscillator
    • The Stochastic is above 50. +1
    • The Stochastic is above 70 and overbought. +2
    BetaPro S&P 500® -2x Daily Bear ETF Daily Stochastic Oscillator ChartBetaPro S&P 500® -2x Daily Bear ETF Daily Stochastic Oscillator Chart
    2.3 Commodity Channel Index (CCI)
    BetaPro S&P 500® -2x Daily Bear ETF Daily Commodity Channel Index (CCI) ChartBetaPro S&P 500® -2x Daily Bear ETF Daily Commodity Channel Index (CCI) Chart
    2.4 Chande Momentum Oscillator (CMO)
    BetaPro S&P 500® -2x Daily Bear ETF Daily Chande Momentum Oscillator (CMO) ChartBetaPro S&P 500® -2x Daily Bear ETF Daily Chande Momentum Oscillator (CMO) Chart
    2.5 Williams %R
    BetaPro S&P 500® -2x Daily Bear ETF Daily Williams %R ChartBetaPro S&P 500® -2x Daily Bear ETF Daily Williams %R Chart

    3. Volatility Indicators

    3.1 Bollinger Bands
    BetaPro S&P 500® -2x Daily Bear ETF Daily Bollinger Bands ChartBetaPro S&P 500® -2x Daily Bear ETF Daily Bollinger Bands Chart
    3.2 Average True Range (ATR)
    BetaPro S&P 500® -2x Daily Bear ETF Daily Average True Range (ATR) ChartBetaPro S&P 500® -2x Daily Bear ETF Daily Average True Range (ATR) Chart

    4. Volume Indicators

    4.1 On-Balance Volume (OBV)
    BetaPro S&P 500® -2x Daily Bear ETF Daily On-Balance Volume (OBV) ChartBetaPro S&P 500® -2x Daily Bear ETF Daily On-Balance Volume (OBV) Chart
    4.2 Money Flow Index (MFI)
    BetaPro S&P 500® -2x Daily Bear ETF Daily Money Flow Index (MFI) ChartBetaPro S&P 500® -2x Daily Bear ETF Daily Money Flow Index (MFI) Chart

    5. Summary

    5.1. Notifications

    TypeNotificationDate
    RSI OverboughtOverbought RSI (Relative Strength Index)2022-10-01

    5.2. Trading Signals

    DateIndicatorEntry signalExit signal
    2022-09-19STOCH SHORT ENTRY LONG CLOSE80 crossover to downside
    2022-09-20ATR SHORT ENTRY LONG CLOSE
    2022-09-22RSI SHORT ENTRY LONG CLOSE70 crossover to downside
    ATR SHORT ENTRY LONG CLOSE
    2022-09-23CMO LONG ENTRY SHORT CLOSE50 crossover to upside
    2022-09-26CMO LONG ENTRY SHORT CLOSE50 crossover to upside
    2022-09-27CMO LONG ENTRY SHORT CLOSE50 crossover to upside
    WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
    ATR LONG ENTRY SHORT CLOSE
    2022-09-28STOCH SHORT ENTRY LONG CLOSE80 crossover to downside
    ATR SHORT ENTRY LONG CLOSE
    MFI80 crossover to downside
    2022-09-29RSI SHORT ENTRY LONG CLOSE70 crossover to downside

    5.2. Technical Score

    Let's check the technical score of BetaPro S&P 500® -2x Daily Bear ETF based on Penke's default Symbol scanner.

    Penke's Symbol Scanner

      
      
    IndicatorConditionValue
    RsiGreater than5071.878
    Ma 20Greater thanMa 508.527
    Ma 50Greater thanMa 1007.910
    Ma 100Greater thanMa 2008.195
    OpenGreater thanClose9.470
    Total3/5 (60.0%)

    Comments

    Join the conversation.

    Leave a comment

    Stay informed with my latest content.

    Subscribe to my newsletter and receive an email as soon as I add content to PenkeTrading.com.


    By clicking Register, you agree to the General Terms and Conditions.
    Penke's Market Notifications
    VOLT.CC
    6 hours ago

    I found you a Overbought RSI (Relative Strength Index) on the daily chart of VOLT.CC.

    VOLT.CC Daily Candlestick Chart
    VOLLAR.CC
    6 hours ago

    I found you a Oversold RSI (Relative Strength Index) on the daily chart of VOLLAR.CC.

    VOLLAR.CC Daily Candlestick Chart
    VIB.CC
    6 hours ago

    I found you a RSI Bullish Hidden Divergence on the daily chart of VIB.CC.

    VIB.CC Daily Candlestick Chart
    TRIO.CC
    6 hours ago

    I found you a Oversold RSI (Relative Strength Index) on the daily chart of TRIO.CC.

    TRIO.CC Daily Candlestick Chart
    TKX.CC
    6 hours ago

    I found you a Golden Cross on the daily chart of TKX.CC.

    TKX.CC Daily Candlestick Chart
    TERC.CC
    6 hours ago

    I found you a Three Black Crows Candle Pattern on the daily chart of TERC.CC.

    TERC.CC Daily Candlestick Chart
    RENTBERRY.CC
    6 hours ago

    I found you a STOCH Bullish Reversal Divergence on the daily chart of RENTBERRY.CC.

    RENTBERRY.CC Daily Candlestick Chart
    STOX.CC
    6 hours ago

    I found you a Overbought RSI (Relative Strength Index) on the daily chart of STOX.CC.

    STOX.CC Daily Candlestick Chart
    STO.CC
    6 hours ago

    I found you a STOCH Bullish Reversal Divergence on the daily chart of STO.CC.

    STO.CC Daily Candlestick Chart
    STM.CC
    6 hours ago

    I found you a Oversold RSI (Relative Strength Index) on the daily chart of STM.CC.

    STM.CC Daily Candlestick Chart
    SPORTS.CC
    6 hours ago

    I found you a Overbought RSI (Relative Strength Index) on the daily chart of SPORTS.CC.

    SPORTS.CC Daily Candlestick Chart
    SPIRIT.CC
    6 hours ago

    I found you a STOCH Bullish Reversal Divergence on the daily chart of SPIRIT.CC.

    SPIRIT.CC Daily Candlestick Chart
    SHIELD.CC
    6 hours ago

    I found you a Oversold RSI (Relative Strength Index) on the daily chart of SHIELD.CC.

    SHIELD.CC Daily Candlestick Chart
    SHB.CC
    6 hours ago

    I found you a Oversold RSI (Relative Strength Index) on the daily chart of SHB.CC.

    SHB.CC Daily Candlestick Chart
    SFM.CC
    6 hours ago

    I found you a Oversold RSI (Relative Strength Index) on the daily chart of SFM.CC.

    SFM.CC Daily Candlestick Chart
    QI.CC
    7 hours ago

    I found you a Bearish Three Line Strike Candle Pattern on the daily chart of QI.CC.

    QI.CC Daily Candlestick Chart
    PYRO.CC
    7 hours ago

    I found you a STOCH Bearish Hidden Divergence on the daily chart of PYRO.CC.

    PYRO.CC Daily Candlestick Chart
    PTF.CC
    7 hours ago

    I found you a STOCH Bullish Reversal Divergence on the daily chart of PTF.CC.

    PTF.CC Daily Candlestick Chart
    PREMIA.CC
    7 hours ago

    I found you a STOCH Bullish Reversal Divergence on the daily chart of PREMIA.CC.

    PREMIA.CC Daily Candlestick Chart
    POX.CC
    7 hours ago

    I found you a Death Cross on the daily chart of POX.CC.

    POX.CC Daily Candlestick Chart
    PLURA.CC
    7 hours ago

    I found you a MACD Bearish Reversal Divergence on the daily chart of PLURA.CC.

    PLURA.CC Daily Candlestick Chart
    PLAY.CC
    7 hours ago

    I found you a MACD Bullish Hidden Divergence on the daily chart of PLAY.CC.

    PLAY.CC Daily Candlestick Chart
    PHR.CC
    7 hours ago

    I found you a Bearish Three Line Strike Candle Pattern on the daily chart of PHR.CC.

    PHR.CC Daily Candlestick Chart
    PAYT.CC
    7 hours ago

    I found you a MACD Bearish Hidden Divergence on the daily chart of PAYT.CC.

    PAYT.CC Daily Candlestick Chart