ProShares Ultra Bloomberg Natural Gas (BOIL)

ProShares Ultra Bloomberg Natural Gas is trading at $19.31, up 3.37% on the session. The 50 day average sits at $24.04 and the 200 day at $n/a, which puts the stock in a mixed technical position. RSI is at 38.3, which reads as weak, and MACD is bullish crossover. Volume is average.

The nearest support is around $19.27 with resistance near $20.83, so that band frames the current range. Average daily movement is roughly $1.12, or about 5.8% of the share price, which is what any stop placement has to allow for. The overall health score of 38 out of 100 combines a trend score of 25, momentum of 46 and a risk score of 48.

The fund seeks to meet its investment objective by investing normally in Natural Gas futures contracts. It may also invest in swaps if the market for a specific futures contract experiences emergencies (e.g., natural disaster, terrorist attack, or an act of God) or disruptions (e.g., a trading halt or a flash crash) or in situations where the Sponsor deems it impractical or inadvisable to buy or sell futures contracts (such as during periods of market volatility or illiquidity).