July 02, 2025, 18:38 pm ET, BY Patrick- Contributor, Stock Traders Daily| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for DUG
The technical summary data tells us to buy DUG near 34.22 with an upside target of 38.48. This data also tells us to set a stop loss @ 34.12 to protect against excessive loss in case the stock begins to move against the trade. 34.22 is the first level of support below 35.66 , and by rule, any test of support is a buy signal. In this case, support 34.22 would be being tested, so a buy signal would exist.
The technical summary data is suggesting a short of DUG as it gets near 38.48 with a downside target of 34.22. We should have a stop loss in place at 38.59though. 38.48 is the first level of resistance above 35.66, and by rule, any test of resistance is a short signal. In this case, if resistance 38.48 is being tested, so a short signal would exist.
Swing Trading Plans for DUG
If 36.66 begins to break higher, the technical summary data tells us to buy DUG just slightly over 36.66, with an upside target of 38.48. The data also tells us to set a stop loss @ 36.55 in case the stock turns against the trade. 36.66 is the first level of resistance above 35.66, and by rule, any break above resistance is a buy signal. In this case, 36.66, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.
The technical summary data is suggesting a short of DUG if it tests 36.66 with a downside target of 34.22. We should have a stop loss in place at 36.77 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 36.66, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.
Day Trading Plans for DUG
If 36.23 begins to break higher, the technical summary data tells us to buy DUG just slightly over 36.23, with an upside target of 36.66. The data also tells us to set a stop loss @ 36.15 in case the stock turns against the trade. 36.23 is the first level of resistance above 35.66, and by rule, any break above resistance is a buy signal. In this case, 36.23, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.
The technical summary data is suggesting a short of DUG if it tests 36.23 with a downside target of 34.22. We should have a stop loss in place at 36.31 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 36.23, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.
Check the time stamp on this data. Updated AI-Generated Signals for Proshares Ultrashort Energy (DUG) available here: DUG.
Real Time Updates for Repeat Institutional Readers:
From then on you can just click to get the real time update whenever you want.
GET REAL TIME UPDATES
This report provides trading strategies for Proshares Ultrashort Energy (NYSE: DUG) while incorporating risk controls.
Warning:
This is a static report, the data below was valid at the time of the publication, but support and resistance levels for DUG change over time, so the report should be updated regularly. Real Time updates are provided to subscribers. Unlimited Real Time Reports.
Read more on Stock Traders Daily
