Ultrashort FTSE China 25 Proshares (FXP) |
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53.16 -1.66 (-3.03%)
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06-01 12:49 |
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Open: |
54.09 |
Pre. Close: |
54.82 |
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High:
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54.17 |
Low:
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53.07 |
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Volume:
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32,532 |
Market Cap:
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0M |
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The investment seeks daily investment results, before fees and expenses, that correspond to two times the inverse (-2x) of the daily performance of the FTSE China 50 Index®.
The fund invests in derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as two times the inverse (-2x) of the daily return of the index. The index is published under the Bloomberg ticker symbol "XINOI." The fund is non-diversified. |
Stock Price Prediction |
Update at 5:00pm EST |
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If tomorrow:
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Open lower
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Open higher
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High:
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56.958 - 57.314 |
57.314 - 57.565 |
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Low:
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53.768 - 54.206 |
54.206 - 54.514 |
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Close:
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54.248 - 54.886 |
54.886 - 55.335 |
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Technical analysis |
as of: 2020-06-01 12:28:16 PM |
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Overall:
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| Stoxline posted a STRONG SELL today, downgraded from higher rating. Downward movement to be expected. |
| Target: |
Six months: 68.03 One year: 71.77 |
| Support: |
Support1: 53.07 Support2: 44.15 |
| Resistance: |
Resistance1: 58.25 Resistance2: 61.45 |
| Pivot: |
56.30 |
| Moving Average: |
MA(5): 55.97 MA(20): 56.81
MA(100): 59.79  MA(250): 62.27 |
| MACD: |
MACD(12,26): -1.11 Signal(9): -1.07 |
| Stochastic oscillator: |
%K(14,3): 28.55 %D(3): 46.18 |
| RSI: |
RSI(14): 41.17 |
| 52-week: |
High: 82.65 Low: 49.97 Change(%): -23.3 |
| Average Vol(K): |
3-Month: 7517 10-Days: 7157 |
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Price, moving averages and Bollinger Bands |
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Price and moving averages has closed below its Short term moving average. Short term moving average is currently below mid-term; AND below long term moving averages. From the relationship between price and moving averages; we can see that: This stock is BEARISH in short-term; and BEARISH in mid-long term.FXP has closed above bottom band by 6.4%. Bollinger Bands are 44.9% narrower than normal. The narrow width of the bands suggests low volatility as compared to FXP's normal range. The bands have been in this narrow range for 5 bars. This is a sign that the market may be about to initiate a new trend. |
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Headline News |
Tue, 25 Jun 2019
China Bear ETF Breakout Provides Trading Opportunity - Investopedia
Tue, 25 Feb 2020
Coronavirus Triggers Market Bloodbath: 7 Hot Inverse ETF Areas - Nasdaq
Thu, 23 Jan 2020
How We Are Hedging China's Coronavirus Crisis - Seeking Alpha
Tue, 07 May 2019
Inverse China ETFs Stage Breakout After Tariff Threat Tweet - Investopedia
Wed, 08 May 2019
Markets Bleeding in May: How to Short With ETFs - Yahoo Finance
Tue, 25 Jun 2019
Inverse China ETFs at Support Amid Slowdown Fears - Investopedia
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Financial Analysis |
| Growth |
NA |
| Growth measures the growth of both a company's revenue and net income. it tells investors how fast a company is growing. |
| Profitability |
NA |
| Profitability measures a company’s ability to generate earnings as compared to its expenses and other relevant costs. |
| Solvency |
NA |
| Solvency measures a company's ability to meet its long-term debts. Acceptable solvency ratios will vary from industry to industry. |
| Efficiency |
NA |
| Efficiency measures the strength of a company's return on invested capital. It can identify business that are better managed or not. |
| Click here to get more fundamental analysis.
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