Looking for short term swing buy here!SRTY/ Russell is overbought at this point. Candles are forming an inside bar. Which is setting up for a trend change to green! Buy on green candle or here. Place stop/ mental stop under swing low! High percentage trade setup! Look to exit near end of January. Look to buy URTY early February 2023.
Key stats
About ProShares UltraPro Short Russell2000
Home page
Inception date
Feb 11, 2010
Structure
Open-Ended Fund
Replication method
Synthetic
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
ProShare Advisors LLC
Distributor
SEI Investments Distribution Co.
SRTY provides an aggressive, one-day bet against the Russell 2000's index of 2,000 small-cap US firms. The fund will track -3x the returns of the underlying index and it may use both ETF and index swaps to achieve its inverse exposure. As with most leveraged and inverse products, SRTY is designed to provide its -3x exposure for one trading day, and anyone holding it for longer than a day will be exposed to the effects of compounding, which cause returns to drift away from the expected inverse exposure to the index. Investors should therefore plan to hold SRTY for no longer than one day, and if they do hold it for longer, they will need to adjust their investment on a daily basis.
Classification
What's in the fund
Exposure type
Government
Cash
Stock breakdown by region
Top 10 holdings
Ascending TriangleTop line is flat and price is at resistance.
The bottom line slopes up.
Neutral until broken.
No recommendation
Leveraged.
ProShares Trust - ProShares UltraPro Short Russell2000 is an exchange traded fund launched and managed by ProShare Advisors LLC. It invests in public equity markets of the Uni
WatchingIt is not time yet.
Bearish Marubozu candle today shaven at both ends right now.
But I am thinking it will be.
Leveraged x 3.
ProShares Trust - ProShares UltraPro Short Russell2000 is an exchange traded fund launched and managed by ProShare Advisors LLC. It invests in public equity markets of the
srty possibly reaching fresh tops.Disclosure: this is not financial advice, and therefore no one should use it as such, one should make their own decisions in the market based on deep analysis and thoughtful meditation.
This is just a reflection of the previous break through pattern highlighted in three colours, red, orange, and ye
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Related funds
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
SRTY trades at 20.30 USD today, its price has risen 1.70% in the past 24 hours. Track more dynamics on SRTY price chart.
SRTY net asset value is 20.22 today — it's fallen 15.31% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
SRTY assets under management is 87.99 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
SRTY price has fallen by −17.21% over the last month, and its yearly performance shows a −27.66% decrease. See more dynamics on SRTY price chart.
NAV returns, another gauge of an ETF dynamics, have fallen by −15.31% over the last month, showed a −0.43% decrease in three-month performance and has decreased by −24.11% in a year.
NAV returns, another gauge of an ETF dynamics, have fallen by −15.31% over the last month, showed a −0.43% decrease in three-month performance and has decreased by −24.11% in a year.
SRTY fund flows account for −15.92 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
SRTY invests in bonds. See more details in our Analysis section.
SRTY expense ratio is 0.95%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
SRTY is an inverse fund, meaning it's structured to generate returns opposite to the trends of the underlying index or assets.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, SRTY technical analysis shows the sell rating and its 1-week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating SRTY shows the sell signal. See more of SRTY technicals for a more comprehensive analysis.
Today, SRTY technical analysis shows the sell rating and its 1-week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating SRTY shows the sell signal. See more of SRTY technicals for a more comprehensive analysis.
Yes, SRTY pays dividends to its holders with the dividend yield of 7.95%.
SRTY trades at a premium (0.38%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
SRTY shares are issued by ProShare Advisors LLC
SRTY follows the Russell 2000. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Feb 11, 2010.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.