BZQ Stock ProShares UltraShort MSCI Brazil Capped (BZQ, $14.66) entered Uptrend as Momentum indicator ascends above 0 level on Nov 18, 2024

GET DAILY SIGNALS

Get AI intraday signals

BZQ - ProShares UltraShort MSCI Brazil Capped

Momentum signal

View

Odds of UP Trend

Price: $14.66

Daily change: -$0.11 (-0.72%)

Daily volume: 13.9K

Net Assets: $7.9M

BZQ in +2.85% Uptrend, advancing for three consecutive days on November 21, 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 BZQ advanced for three days, in of 272 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 November 18, 2024. You may want to consider a long position or call options on BZQ as a result. In of 90 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 November 14, 2024. Looking at past instances where BZQ's MACD turned positive, the stock continued to rise in of 47 cases over the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 171 cases where BZQ 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 10-day RSI Indicator for BZQ moved out of overbought territory on November 04, 2024. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 24 similar instances where the indicator moved out of overbought territory. In of the 24 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 4 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 November 01, 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.