BULZ MicroSectors™ Slct FANG Inn 3X Lvgd ETNs Forecast, Technical & Fundamental Analysis
Momentum Indicator for BULZ turns negative, indicating new downward trend
BULZ saw its Momentum Indicator move below the 0 level on September 15, 2023. This is an indication that the stock could be shifting in to a new downward move. Traders may want to consider selling the stock or exploring put options. Tickeron's A.I.dvisor looked at 27 similar instances where the indicator turned negative. In of the 27 cases, the stock moved further down in the following days. The odds of a decline are at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Moving Average Convergence Divergence Histogram (MACD) for BULZ turned negative on September 18, 2023. 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 18 similar instances when the indicator turned negative. In of the 18 cases the stock turned lower in the days that followed. This puts the odds of success at .
BULZ moved below its 50-day moving average on September 15, 2023 date and that indicates a change from an upward trend to a downward trend.
The 10-day moving average for BULZ crossed bearishly below the 50-day moving average on September 19, 2023. This indicates that the trend has shifted lower and could be considered a sell signal. In of 5 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where BULZ declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Aroon Indicator for BULZ entered a downward trend on August 29, 2023. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Bullish Trend Analysis
The RSI Indicator entered the oversold zone -- be on the watch for BULZ's price rising or consolidating in the future. That's also the time to consider buying the stock or exploring call options.
The Stochastic Oscillator demonstrated that the ticker has stayed in the oversold zone for 2 days, which means it's wise to expect a price bounce in the near future.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where BULZ advanced for three days, in of 124 cases, the price rose further within the following month. The odds of a continued upward trend are .
BULZ may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Fundamental Analysis (Ratings)
Notable companies
Industry description
Market Cap
High and low price notable news
Volume
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
General Information
Category Trading
BULZ and
Correlation & Price change
A.I.dvisor indicates that over the last year, BULZ has been closely correlated with QLD. These tickers have moved in lockstep 97% of the time. This A.I.-generated data suggests there is a high statistical probability that if BULZ jumps, then QLD could also see price increases.
| Ticker / NAME | Correlation To BULZ | 1D Price Change % | ||
|---|---|---|---|---|
| BULZ | 100% | -6.67% | ||
| QLD - BULZ | 97% Closely correlated | -3.78% | ||
| TQQQ - BULZ | 97% Closely correlated | -5.70% | ||
| SOXL - BULZ | 90% Closely correlated | -5.74% | ||
| SPXL - BULZ | 89% Closely correlated | -4.97% | ||
| SSO - BULZ | 89% Closely correlated | -3.25% |