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DIG Stock Tickeron detected bearish ETF Pattern: Three Falling Peaks DIG on April 03, 2025, netting in a 26.85% gain over 2 weeks

A.I.dvisor
at Tickeron.com
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+26.85% Gain from a Successful pattern Three Falling Peaks
DIG - ProShares Ultra Energy
Tickeron
Ticker: DIG
Company: ProShares Ultra Energy
Gain from shorting: +26.85%
Confirmed: 04/03/25
Succeeded: 04/07/25
Total length: 20 days
On March 18, 2025, A.I.dvisor detected a Three Falling Peaks Pattern (Bearish) for ProShares Ultra Energy (DIG, $39.81). 16 days later, on April 03, 2025, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On April 07, 2025, the stock hit the target price of $27.55 – resulting in a +2 gain for traders who shorted the stock on the pattern detection date.

DIG in downward trend: price dove below 50-day moving average on April 03, 2025

DIG moved below its 50-day moving average on April 03, 2025 date and that indicates a change from an upward trend to a downward trend. In of 47 similar past instances, the stock price decreased further within the following month. The odds of a continued downward trend are .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Moving Average Convergence Divergence Histogram (MACD) for DIG turned negative on April 03, 2025. 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 43 similar instances when the indicator turned negative. In of the 43 cases the stock turned lower in the days that followed. This puts the odds of success at .

The 10-day moving average for DIG crossed bearishly below the 50-day moving average on April 08, 2025. This indicates that the trend has shifted lower and could be considered a sell signal. In of 19 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 DIG declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

Bullish Trend Analysis

The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where DIG's RSI Oscillator exited the oversold zone, of 23 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 61 cases where DIG's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Momentum Indicator moved above the 0 level on April 22, 2025. You may want to consider a long position or call options on DIG as a result. In of 99 past instances where the momentum indicator moved above 0, the stock continued to climb. 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 DIG advanced for three days, in of 370 cases, the price rose further within the following month. The odds of a continued upward trend are .

DIG may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

The Aroon Indicator entered an Uptrend today. In of 289 cases where DIG Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

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General Information

Category Trading

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