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ProShares UltraShort Technical Analysis
ProShares UltraShort Trend AnalysisUse this graph to draw trend lines for ProShares UltraShort Utilities. You can use it to identify possible trend reversals for ProShares UltraShort as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual ProShares UltraShort price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
ProShares UltraShort Best Fit Change LineThe following chart estimates an ordinary least squares regression model for ProShares UltraShort Utilities applied against its price change over selected period. The best fit line has a slop of 0.1 % which may imply that the returns on investment in ProShares UltraShort Utilities will continue to fail. It has 34 observation points and a regression sum of squares at 7.55, which is the sum of squared deviations for the predicted ProShares UltraShort price change compared to its average price change.