EPV Stock Tickeron detected bullish ETF Pattern: Broadening Bottom EPV on November 06, 2024, netting in a 12.97% gain over 2 months

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EPV - ProShares UltraShort FTSE Europe

Ticker: EPV

Company: ProShares UltraShort FTSE Europe

Gain: +12.97%

Confirmed: 11/06/24

Succeeded: 11/06/24

Total length: 71 days

EPV in +5.74% Uptrend, growing for three consecutive days on November 13, 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 EPV advanced for three days, in of 252 cases, the price rose further within the following month. The odds of a continued upward trend are .

Technical Analysis (Indicators)

Bullish Trend Analysis

EPV moved above its 50-day moving average on October 21, 2024 date and that indicates a change from a downward trend to an upward trend.

The 10-day moving average for EPV crossed bullishly above the 50-day moving average on October 21, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In of 17 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 .

The Aroon Indicator entered an Uptrend today. In of 123 cases where EPV 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 RSI Oscillator demonstrated that the stock has entered the overbought zone. This may point to a price pull-back soon.

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 5 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 EPV declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

EPV broke above its upper Bollinger Band on November 12, 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.