Self Directed Investor Inc
SDI: "Empowering investors with ideas and education"
Symbol Lookup »  
Topics:ChinaETFsEarningsEconomyEnergyForexGoldIncomeLessonsIdeasTrading

  • Other news: News from PR Newswire
| More

SDOW Crowded With Sellers

Fri, Feb 1, 11:26 AM ET, by ETF Channel

In trading on Friday, shares of the Proshares UltraPro Short Dow30 ETF (SDOW) entered into oversold territory, changing hands as low as $55.7157 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a scale of zero to 100. A stock is considered to be oversold if the RSI reading falls below 30.

In the case of Proshares UltraPro Short Dow30, the RSI reading has hit 27.1 by comparison, the RSI reading for the S&P 500 is currently 71.6.

A bullish investor could look at SDOW's 27.1 reading as a sign that the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the buy side.

Looking at a chart of one year performance (below), SDOW's low point in its 52 week range is $55.7157 per share, with $98.28 as the 52 week high point that compares with a last trade of $56.00. Proshares UltraPro Short Dow30 shares are currently trading off about 2.3% on the day.

Proshares UltraPro Short Dow30 1 Year Performance Chart


Special Offer: Find out what Dave Moenning is holding in the ETF Channel Flexible Growth Investment Portfolio with 30 Days Free.

Read the original article at ETF Channel: SDOW Crowded With Sellers


SDI Glossary: "Channel" Definition
SDI Glossary: "Short" Definition
This Article's Word Cloud:   Channel   Crowded   Dave   Days   Growth   Looking   Proshares   Relative   SDOW   Sellers   Short   Special   Strength   UltraPro   adsbygoogle   analysis   below   bullish   case   changing   compares   comparison   currently   define   entered   entry   falls   heavy   into   last   look   oversold   point   range   reading   selling   share   shares   sign   technical   territory   that   trading   used   using   week   what   which   with   zero

| More

XLK, ACN, ADP, EBAY: ETF Outflow Alert
Fri, Sep 30, 10:54 AM ET, by ETF Channel

Symbols mentioned in this story: XLK, ACN, ADP, EBAY Exchange traded funds (ETFs) trade just ...

RYE, DO, WMB, APC: ETF Outflow Alert
Fri, Sep 30, 10:54 AM ET, by ETF Channel

Symbols mentioned in this story: RYE, DO, WMB, APC Exchange traded funds (ETFs) trade just ...

XLP, CVS, COST, CL: ETF Outflow Alert
Fri, Sep 30, 10:54 AM ET, by ETF Channel

Symbols mentioned in this story: XLP, CVS, COST, CL Exchange traded funds (ETFs) trade just ...

Daily S&P 500 Bull 3x Shares Experiences Big Inflow
Fri, Sep 30, 10:54 AM ET, by ETF Channel

Symbols mentioned in this story: SPXL Exchange traded funds (ETFs) trade just like stocks, but ...

XRT, LAD, CAB, W: ETF Outflow Alert
Fri, Sep 30, 10:54 AM ET, by ETF Channel

Symbols mentioned in this story: XRT, LAD, CAB, W Exchange traded funds (ETFs) trade just ...

Why American Express is a Top Socially Responsible Dividend Stock (AXP)
Fri, Sep 30, 9:44 AM ET, by ETF Channel

American Express Co. (AXP) has been named a Top Socially Responsible Dividend Stock by Dividend ...

ITW Named Top 25 SAFE Dividend Stock Increasing Payments For Decades
Fri, Sep 30, 9:44 AM ET, by ETF Channel

Illinois Tool Works, Inc. (ITW) has been named to the Dividend Channel ''S.A.F.E. ...

Implied JKJ Analyst Target Price: $159
Fri, Sep 30, 9:44 AM ET, by ETF Channel

Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, ...

FTXD's Underlying Holdings Imply 11% Gain Potential
Fri, Sep 30, 9:44 AM ET, by ETF Channel

Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, ...

JKK's Holdings Imply 12% Gain Potential
Fri, Sep 30, 9:34 AM ET, by ETF Channel

Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, ...

The Math Shows SYV Can Go To $61
Fri, Sep 30, 9:34 AM ET, by ETF Channel

Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, ...

Sum Up The Parts: EZY Could Be Worth $70
Fri, Sep 30, 9:34 AM ET, by ETF Channel

Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, ...

We Did The Math QCLN Can Go To $17
Fri, Sep 30, 9:34 AM ET, by ETF Channel

Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, ...

Implied CSM Analyst Target Price: $58
Fri, Sep 30, 9:34 AM ET, by ETF Channel

Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, ...

Shares of PJP Now Oversold
Thu, Sep 29, 4:14 PM ET, by ETF Channel

In trading on Thursday, shares of the PowerShares Dynamic Pharmaceuticals Portfolio ETF (PJP) entered into ...

UCO Crosses Above Key Moving Average Level
Thu, Sep 29, 4:14 PM ET, by ETF Channel

In trading on Thursday, shares of the ProShares Ultra Bloomberg Crude Oil ETF (UCO) crossed ...

TQQQ, KHC, WBA, MDLZ: Large Outflows Detected at ETF
Thu, Sep 29, 11:14 AM ET, by ETF Channel

Symbols mentioned in this story: TQQQ, KHC, WBA, MDLZ Exchange traded funds (ETFs) trade just ...

VYM, IBM, WMT, LLY: ETF Inflow Alert
Thu, Sep 29, 10:54 AM ET, by ETF Channel

Symbols mentioned in this story: VYM, IBM, WMT, LLY Exchange traded funds (ETFs) trade just ...

LEMB: Large Outflows Detected at ETF
Thu, Sep 29, 10:54 AM ET, by ETF Channel

Symbols mentioned in this story: LEMB Exchange traded funds (ETFs) trade just like stocks, but ...

IWB, MA, BMY, QCOM: Large Inflows Detected at ETF
Thu, Sep 29, 10:54 AM ET, by ETF Channel

Symbols mentioned in this story: IWB, MA, BMY, QCOM Exchange traded funds (ETFs) trade just ...

FLOT: ETF Inflow Alert
Thu, Sep 29, 10:54 AM ET, by ETF Channel

Symbols mentioned in this story: FLOT Exchange traded funds (ETFs) trade just like stocks, but ...

MetLife Moves Up In Analyst Rankings, Passing AMETEK
Wed, Sep 28, 12:14 PM ET, by ETF Channel

In a study of analyst recommendations at the major brokerages, for the underlying components of ...

iShares Core U.S. Credit Bond ETF Experiences Big Inflow
Wed, Sep 28, 10:54 AM ET, by ETF Channel

Symbols mentioned in this story: CRED Exchange traded funds (ETFs) trade just like stocks, but ...

FVD, ENB, PNC, AIZ: ETF Inflow Alert
Wed, Sep 28, 10:54 AM ET, by ETF Channel

Symbols mentioned in this story: FVD, ENB, PNC, AIZ Exchange traded funds (ETFs) trade just ...

iShares Core U.S. Aggregate Bond ETF Experiences Big Inflow
Wed, Sep 28, 10:54 AM ET, by ETF Channel

Symbols mentioned in this story: AGG Exchange traded funds (ETFs) trade just like stocks, but ...

IWO, MSCC, FICO, CPHD: Large Inflows Detected at ETF
Wed, Sep 28, 10:54 AM ET, by ETF Channel

Symbols mentioned in this story: IWO, MSCC, FICO, CPHD Exchange traded funds (ETFs) trade just ...

11.8% of RCD Holdings Seeing Recent Insider Buys
Wed, Sep 28, 9:44 AM ET, by ETF Channel

A look at the weighted underlying holdings of the Guggenheim S&P 500 Equal Weight Consumer ...

Thor Industries Reaches Analyst Target Price
Wed, Sep 28, 9:14 AM ET, by ETF Channel

In recent trading, shares of Thor Industries, Inc. (THO) have crossed above the average analyst ...

ATEN Crosses Above Average Analyst Target
Wed, Sep 28, 9:14 AM ET, by ETF Channel

In recent trading, shares of A10 Networks Inc (ATEN) have crossed above the average analyst ...

WWAV Crosses Above Average Analyst Target
Wed, Sep 28, 9:14 AM ET, by ETF Channel

In recent trading, shares of WhiteWave Foods Co (WWAV) have crossed above the average analyst ...

Nevro Reaches Analyst Target Price
Wed, Sep 28, 9:14 AM ET, by ETF Channel

In recent trading, shares of Nevro Corp (NVRO) have crossed above the average analyst 12-month ...

GPC Crosses Above Average Analyst Target
Wed, Sep 28, 9:14 AM ET, by ETF Channel

In recent trading, shares of Genuine Parts Co. (GPC) have crossed above the average analyst ...

Innoviva Reaches Analyst Target Price
Wed, Sep 28, 9:14 AM ET, by ETF Channel

In recent trading, shares of Innoviva Inc (INVA) have crossed above the average analyst 12-month ...

Add Up The Parts: IWB Could Be Worth $132
Wed, Sep 28, 8:14 AM ET, by ETF Channel

Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, ...

See How United Technologies Ranks Among Analysts' Top Dow 30 Picks
Tue, Sep 27, 12:34 PM ET, by ETF Channel

A study of analyst recommendations at the major brokerages shows that United Technologies Corp (UTX) ...

SMH, TSM, TXN, AMAT: ETF Outflow Alert
Tue, Sep 27, 10:54 AM ET, by ETF Channel

Symbols mentioned in this story: SMH, TSM, TXN, AMAT Exchange traded funds (ETFs) trade just ...

iShares MSCI Philippines (EPHE) Shares Cross Below 200 DMA
Tue, Sep 27, 10:54 AM ET, by ETF Channel

In trading on Tuesday, shares of the iShares MSCI Philippines ETF (EPHE) crossed below their ...

SPY, WFC, VZ, CSCO: ETF Outflow Alert
Tue, Sep 27, 10:54 AM ET, by ETF Channel

Symbols mentioned in this story: SPY, WFC, VZ, CSCO Exchange traded funds (ETFs) trade just ...

XLV, AMGN, MDT, GILD: ETF Inflow Alert
Tue, Sep 27, 10:54 AM ET, by ETF Channel

Symbols mentioned in this story: XLV, AMGN, MDT, GILD Exchange traded funds (ETFs) trade just ...

IWV's Underlying Holdings Imply 10% Gain Potential
Tue, Sep 27, 9:54 AM ET, by ETF Channel

Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, ...

The Math Shows VLU Can Go To $90
Tue, Sep 27, 9:54 AM ET, by ETF Channel

Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, ...

FXD's Underlying Holdings Imply 11% Gain Potential
Tue, Sep 27, 9:44 AM ET, by ETF Channel

Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, ...

SPXV's Underlying Holdings Could Mean 10% Gain Potential
Tue, Sep 27, 9:44 AM ET, by ETF Channel

Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, ...

Sum Up The Pieces: XITK Could Be Worth $69
Tue, Sep 27, 9:44 AM ET, by ETF Channel

Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, ...

Implied RSP Analyst Target Price: $91
Tue, Sep 27, 9:44 AM ET, by ETF Channel

Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, ...

Douglas Emmett Reaches Analyst Target Price
Tue, Sep 27, 9:34 AM ET, by ETF Channel

In recent trading, shares of Douglas Emmett Inc (DEI) have crossed above the average analyst ...

TC PipeLines Reaches Analyst Target Price
Tue, Sep 27, 9:34 AM ET, by ETF Channel

In recent trading, shares of TC PipeLines, LP (TCP) have crossed above the average analyst ...

Implied XSD Analyst Target Price: $57
Tue, Sep 27, 9:34 AM ET, by ETF Channel

Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, ...

O Crosses Above Average Analyst Target
Tue, Sep 27, 9:34 AM ET, by ETF Channel

In recent trading, shares of Realty Income Corp (O) have crossed above the average analyst ...

Implied SPHQ Analyst Target Price: $27
Tue, Sep 27, 9:24 AM ET, by ETF Channel

Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, ...

  More articles:  1 2 3 4 5 6 7 next »

ABOUT US »   ADVERTISE »   CONTACT US »   TERMS OF USE & PRIVACY POLICY »

SDOW Crowded With Sellers | Self Directed Investor | Copyright © 2008 - 2016, All Rights Reserved

Any ideas and opinions presented in Self Directed Investor content are for informational and educational purposes only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners. In no way should any content contained herein be interpreted to represent trading or investment advice. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All site visitors agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.

SDI is associated with: ValueForum.com -- a subscription-based online social networking forum of serious individual investors. | MarketNewsVideo.com -- videos appearing on SDI are produced by Market News Video. | TickerTech.com -- stock quote content appearing on SDI is at least 20 minutes delayed and is powered by Ticker Technologies. | GoldStockStrategist.com -- Edited by Scott V. Nystrom, PhD, Gold Stock Strategist provides analysis on gold mining companies.