BETH ProShares Bitcoin&EtherMktCapWtdETF Forecast, Technical & Fundamental Analysis
BETH in +4.41% Uptrend, rising for three consecutive days on December 17, 2024
Moving higher for three straight days is viewed as a bullish sign. Keep an eye on this stock for future growth. Considering data from situations where BETH advanced for three days, in of 76 cases, the price rose further within the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on December 10, 2024. You may want to consider a long position or call options on BETH as a result. In of 17 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 73 cases where BETH Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The RSI Indicator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.
The Stochastic Oscillator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.
The Moving Average Convergence Divergence Histogram (MACD) for BETH turned negative on December 09, 2024. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 9 similar instances when the indicator turned negative. In of the 9 cases the stock turned lower in the days that followed. This puts the odds of success at .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where BETH declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
BETH broke above its upper Bollinger Band on December 16, 2024. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
General Information
Category Digitalccurrency
| 1 Day | |||
|---|---|---|---|
| ETFs / NAME | Price $ | Chg $ | Chg % |
| HTEC | 29.88 | 0.01 | +0.04% |
| Robo Global® Hlthcare Tech & Innovt ETF | |||
| JCTR | 82.43 | N/A | N/A |
| JPMorgan Carbon Transition US Eq ETF | |||
| DBP | 63.81 | -0.18 | -0.29% |
| Invesco DB Precious Metals | |||
| SUSA | 125.43 | -0.73 | -0.58% |
| iShares MSCI USA ESG Select ETF | |||
| UCO | 26.31 | -0.33 | -1.24% |
| ProShares Ultra Bloomberg Crude Oil | |||
BETH and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, BETH has been closely correlated with GBTC. These tickers have moved in lockstep 96% of the time. This A.I.-generated data suggests there is a high statistical probability that if BETH jumps, then GBTC could also see price increases.
| Ticker / NAME | Correlation To BETH | 1D Price Change % | ||
|---|---|---|---|---|
| BETH | 100% | +0.03% | ||
| GBTC - BETH | 96% Closely correlated | +0.82% | ||
| IBIT - BETH | 91% Closely correlated | +0.85% | ||
| GDLC - BETH | 83% Closely correlated | +2.83% | ||
| ETHE - BETH | 83% Closely correlated | -2.88% | ||
| ETCG - BETH | 67% Closely correlated | -3.15% | ||
More | ||||