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BZQ
ETF ticker:
NYSE ARCA
AS OF
Jun 28 closing price
Price
$29.60
Change
+$0.55 (+1.89%)
Net Assets
20.18M

BZQ Price Prediction, ProShares UltraShort MSCI Brazil Capped AI Recommendations

ETF market charts, price targets, analyst ratings and a financial calendar
AI
A.I.Advisor
a Summary for AAPL with price predictions
12:00 AM EDT Jun 27, 2022

BZQ's RSI Indicator peaks and leaves overbought zone

The 10-day RSI Indicator for BZQ moved out of overbought territory on June 27, 2022. This could be a sign that the stock is shifting from an upward trend to a downward trend. Traders may want to look at selling the stock or buying put options. Tickeron's A.I.dvisor looked at 23 instances where the indicator moved out of the overbought zone. In 21 of the 23 cases the stock moved lower in the days that followed. This puts the odds of a move down at 90%.

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 12 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where BZQ declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

BZQ broke above its upper Bollinger Band on June 09, 2022. 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.

The Aroon Indicator for BZQ entered a downward trend on June 09, 2022. 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 Momentum Indicator moved above the 0 level on June 07, 2022. You may want to consider a long position or call options on BZQ as a result. In of 72 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for BZQ just turned positive on June 09, 2022. Looking at past instances where BZQ's MACD turned positive, the stock continued to rise in of 42 cases over the following month. The odds of a continued upward trend are .

BZQ moved above its 50-day moving average on June 08, 2022 date and that indicates a change from a downward trend to an upward trend.

The 10-day moving average for BZQ crossed bullishly above the 50-day moving average on June 14, 2022. This indicates that the trend has shifted higher and could be considered a buy signal. In of 19 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where BZQ advanced for three days, in of 240 cases, the price rose further within the following month. The odds of a continued upward trend are .

Fundamental Analysis (Ratings)

Fear & Greed
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A.I.Advisor
published price charts
AI
A.I.Advisor
published Highlights

Industry description

The investment seeks daily investment results, before fees and expenses, that correspond to two times the inverse (-2x) of the daily performance of the MSCI Brazil 25/50 Index®. The fund invests in financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the fund's investment objective. The index is designed to measure the performance of the large and mid cap segments of the Brazilian market. It covers approximately 85% of the free float-adjusted market capitalization in Brazil. The fund is non-diversified.
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AI
A.I. Advisor
published General Information

General Information

Category BearMarket

Profile
Fundamentals
Details
Category
Trading--Inverse Equity
Address
ProShares Trust7501 Wisconsin Avenue,Suite 1000Bethesda
Phone
N/A
Web
www.proshares.com

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BZQ and

Correlation & Price change

A.I.dvisor indicates that over the last year, BZQ has been loosely correlated with SH. These tickers have moved in lockstep 47% of the time. This A.I.-generated data suggests there is some statistical probability that if BZQ jumps, then SH could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To BZQ
1D Price
Change %
BZQ100%
-5.31%
SH - BZQ
47%
Loosely correlated
+0.38%
SPXU - BZQ
46%
Loosely correlated
+0.87%
SDS - BZQ
46%
Loosely correlated
+0.79%
PSQ - BZQ
40%
Loosely correlated
+0.88%
SQQQ - BZQ
40%
Loosely correlated
+1.94%