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ProShares Ultra Russell2000 Growth ETF - Weekly Trends and New 1 Year Highs/Lows

"final" closing prices for 5/17/13

Trends and New 1 Year Highs/Lows for the ProShares Ultra Russell2000 Growth ETF Weekly Data Period
 
% Up Trends and New 1 Year Highs / Lows
% Up Trends and New 1 Year Highs / Lows
Calculation:

Total Number of Components in an Up Trend 
Total Component Issues Traded
Overview:

The MasterDATA Trend Channel Indicator is calculated for each component issue of the subject index or ETF. This information is then compiled to determine the number of issues within the index or ETF that are in up trends for any the given data period and expressed, in the above chart, as a percentage.

Interpretation:

If knowing the current trend of the subject index or ETF is important, knowing the current trend of every component issue within that index or ETF provides tremendous insight into the "internals" of what is happening. Overbought and oversold conditions are readily identified as well as potential Index turning points and likelihood of a continuing trend.
New 1 Year Highs / Lows
Calculation:

Total Number of Components Setting New One Year Highs or Lows
Total Component Issues Traded
Overview:

The total number of new one year highs or new one year lows in component issues is calculated for the index or ETF for the given data period.

Interpretation:

Use: There is a definite tendency that one new high will be followed by subsequent new highs. New highs often mark the beginning or end of a trend. Both also apply for new lows.
 
     
 
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