ProShares Ultra MSCI EAFE (:EFO) Technical Watch: 10 Day Exponential Moving Average is Now 34.122997

When putting hard earned money at risk, investors will want to look at all the angles in order to make sure that no stone is left unturned when building the stock portfolio. With so many different stocks available to trade, investors may need to figure out a way to make the selection process manageable. Some investors may choose to start with industry research first and eventually filter down to individual stock picks. Others may want to start at the individual stock level and go from there. Whatever the approach the investor chooses, putting in the time and effort might greatly help the long-term performance of the stock portfolio. 

Investors will typically be keeping track of historical highs and lows for a particular stock that they are researching. Watching levels for ProShares Ultra MSCI EAFE (:EFO, we can see that the all time high is currently 50.25995, and the all time low is 8.163992. Let’s look at some alternate high/low price data:

Six month low: 31.85
Six month high: 45.33952
One year low: 31.85
One year high: 50.25995
Three month low: 31.85
Three month high: 42.2899
One month low: 31.85
One month high: 36.2499

Traders might be keeping tabs on the Hull Moving Average for ProShares Ultra MSCI EAFE (:EFO). The current HMA reading is 33.351395. Traders may use the HMA to help identify the prevalent market trend. This may also lend to spotting useful exit and entry points on the stock.

Conducting technical analysis of the stock may include following the Keltner Channel indicator. A recent check shows the 20 day lower band at 33.805077 and the 20 day upper band at 35.05045. During a clearly defined trend, a break above or below these levels may point to the underlying strength of the trend. A break above the upper band may signal continuing bullish trend strength, and a break below the lower band may signal continuing bearish trend strength.

The 20 day Chaikin Money Flow indicator is currently 0.2340859. This indicator was developed by Marc Chaikin who observed that the pressures of buying and selling could be figured out by where a period finishes relative to the range of highs and lows.

Traders may use a variety of moving average indicators when examining a particular stock. Checking on some Exponential Moving Averages, we note that the 200 day is 39.017124, the 100 day is 37.133297, and the 50 day is 35.474167. Zooming in closer, we note that the 30 day EMA is 34.731884, the 20 day is 34.42776, and the 10 day is noted at 34.122997.

The SMA or Simple Moving Average can be calculated for different time periods. The SMA helps smooth out volatility and makes it a bit less difficult to gauge the price trend of a stock. Let’s view some popular SMA levels below:

Simple Moving Average 20 day: 34.393116
Simple Moving Average 100 day: 37.686108
Simple Moving Average 10 day34.48723
Simple Moving Average 50 day: 34.9699
Simple Moving Average 30 day: 34.70606
Simple Moving Average 200 day: 40.022022

After an investor has figured out their financial and investment goals, they may be interested in designing a specific stock portfolio that will serve those goals and help create and sustain profits well into the future. There is an overwhelming amount of information available on creating winning stock portfolios. Some strategies will work well for certain individuals, and some strategies will not. Understanding the challenges that are involved with creating the perfect portfolio may help the investor ascertain how much time is needed to properly manage the portfolio. Some investors will want to be hands on and do everything. Others will seek and employ the expertise of industry professionals. 

Investors tracking shares of ProShares Ultra MSCI EAFE (:EFO) will note that since the stock opened at 32.1745, shares have seen a change of 0.2005. During that period, the stock has touched a low of 31.85 and tipped a high of 32.375. Volume on the day is presently 3037.