Munafa Ultrashort Basic Materials Proshares (SMN) stock tips, volume analysis, indicator analysis [intraday, positional] for today and tomorrow

Ultrashort Basic Materials Proshares (SMN) Indicator analysis

Ultrashort Basic SMN intraday stock tips

06 Friday February Stock tips for Ultrashort Basic Stock is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

It appears as if Ultrashort Basic SMN gave a large move recently.

Although my analysis for Ultrashort Basic is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 10.1, for a target of 10.6 or 11.06

05 Thursday February Stock tips for Ultrashort Basic Stock is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

It appears as if Ultrashort Basic SMN gave a large move recently.

My analysis of Ultrashort Basic is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Ultrashort Basic stays below 10.7, but if it comes above 10.7, then a intra day buy could be more profitable.
If you take a sell trade below 10.7, then use 10.7 as stoploss and 10.2 as target. However if you take a buy trade in Ultrashort Basic, then use 10.7 as stoploss and 11.17 as target.

04 Wednesday February Stock tips for Ultrashort Basic Stock is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

It appears as if Ultrashort Basic SMN gave a large move recently.

Although my analysis for Ultrashort Basic is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 10.1, for a target of 10.7 or 11.23

03 Tuesday February Stock tips for Ultrashort Basic Stock is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

It appears as if Ultrashort Basic SMN gave a large move recently.

Although my analysis for Ultrashort Basic is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 10.4, for a target of 10.9 or 11.36

02 Monday February Stock tips for Ultrashort Basic Stock is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

It appears as if Ultrashort Basic SMN gave a large move recently.

My analysis of Ultrashort Basic is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 11 as stoploss in an intra day buy trade for a target of 11.45. However, stock will show a bearish move below 11.

30 Friday January Stock tips for Ultrashort Basic Stock is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

It appears as if Ultrashort Basic SMN gave a large move recently.

My analysis of Ultrashort Basic is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 10.9 as stoploss in an intra day buy trade for a target of 11.5. However, stock will show a bearish move below 10.9.

29 Thursday January Stock tips for Ultrashort Basic Stock is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

It appears as if Ultrashort Basic SMN gave a large move recently.

My analysis of Ultrashort Basic is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Ultrashort Basic stays below 10.9, but if it comes above 10.9, then a intra day buy could be more profitable.
If you take a sell trade below 10.9, then use 10.9 as stoploss and 10.1 as target. However if you take a buy trade in Ultrashort Basic, then use 10.9 as stoploss and 11.54 as target.

Ultrashort Basic SMN tips for tomorrow

Tomorrow's movement Prediction of Ultrashort Basic SMN appears strongly Bearish. This stock started falling as soon as it opened and never recovered during the session. Generally this happens when there is a negative sentiment following the stock, making it unattractive. There's a good chance that this downfall will continue tomorrow as well. However, if it manages to close higher than where it opened today, then there might be a chance of reversal.

Tomorrow's movement Prediction of Ultrashort Basic SMN is showing signs of weakness. Either there is a negative sentiment following this stock or an Elephant sold off here.

Tomorrow's movement Prediction of Ultrashort Basic SMN is bearish. The stock has broken weekly support. An up move can be expected only after it starts trading above 10.86

Tomorrow's movement Prediction of Ultrashort Basic SMN is strongly bearish. It has broken a strong support of 11 and is expected to move down further.

Munafa value: 5

If this Munafa value is near or nearing 100, then this stock might show an upward movement. However, if this value is near or nearing 10, then this stock might very well show a downward movement.

If the Munafa value is near 50, then the stock might show a sideways movement.

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