RectangleLong entry is the prior resistance of the rectangle which is now support, 93.17 and an uptrend. Mid rectangle can make a good stop..
It seems online shopping is here to stay..this is somewhat leveraged meaning it is Long Online/Short Stores ETF..
I placed 2 different RSI indicators on the chart.
Key stats
About ProShares Long Online/Short Stores ETF
Home page
Inception date
Nov 14, 2017
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
ProShare Advisors LLC
Distributor
SEI Investments Distribution Co.
CLIX is founded on the premise that the brick-and-mortar retail industry will wither under pressure from online shopping. The fund provides 100% long exposure to online retailers and 50% short exposure to traditional in-store retailers. (Note that this gives CLIX only 50% long beta exposure to the broader retail industry.) The underlying index is actually built from two sub-indexes, one long and one short. To be included in the longs, a company must draw none of its revenue from physical stores and must be listed on a US exchange, though it is not required to be a US company. Long constituents are market-cap-weighted. For the shorts, in-store sales need to account for at least 75% of revenue, with the same US exchange requirements as the longs. Short positions are equally weighted. CLIX gains its short exposure through the use of swaps.
Classification
What's in the fund
Exposure type
Retail Trade
Cash
Stock breakdown by region
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Related funds
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
CLIX trades at 49.00 USD today, its price has risen 0.65% in the past 24 hours. Track more dynamics on CLIX price chart.
CLIX net asset value is 48.67 today — it's risen 16.26% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
CLIX assets under management is 8.56 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
CLIX price has risen by 15.19% over the last month, and its yearly performance shows a 11.93% increase. See more dynamics on CLIX price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 16.26% over the last month, showed a −4.49% decrease in three-month performance and has increased by 11.23% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 16.26% over the last month, showed a −4.49% decrease in three-month performance and has increased by 11.23% in a year.
CLIX fund flows account for −3.57 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
CLIX invests in stocks. See more details in our Analysis section.
CLIX expense ratio is 0.65%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, CLIX isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, CLIX technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating CLIX shows the strong buy signal. See more of CLIX technicals for a more comprehensive analysis.
Today, CLIX technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating CLIX shows the strong buy signal. See more of CLIX technicals for a more comprehensive analysis.
Yes, CLIX pays dividends to its holders with the dividend yield of 0.31%.
CLIX trades at a premium (0.03%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
CLIX shares are issued by ProShare Advisors LLC
CLIX follows the ProShares Long Online/Short Stores Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Nov 14, 2017.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.