EFU Stock ProShares UltraShort MSCI EAFE (EFU, $15.81) Moving Average Convergence Divergence (MACD) Histogram turned negative on January 7, 2025

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EFU - ProShares UltraShort MSCI EAFE

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Odds of DOWN Trend

Price: $15.81

Daily change: -$0.31 (-1.92%)

Daily volume: 86.1K

Net Assets: $1.1M

EFU's RSI Indicator recovers from overbought zone

The 10-day RSI Indicator for EFU moved out of overbought territory on December 24, 2024. 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 35 instances where the indicator moved out of the overbought zone. In of the 35 cases the stock moved lower in the days that followed. This puts the odds of a move down at .

Technical Analysis (Indicators)

Bearish Trend Analysis

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 52 cases where EFU's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .

The Momentum Indicator moved below the 0 level on January 06, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on EFU as a result. In of 76 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

The Moving Average Convergence Divergence Histogram (MACD) for EFU turned negative on January 07, 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 47 similar instances when the indicator turned negative. In of the 47 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 EFU 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

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where EFU advanced for three days, in of 253 cases, the price rose further within the following month. The odds of a continued upward trend are .