The investment seeks daily investment results, before fees and expenses, that correspond to two times the inverse (-2x) of the daily performance of the Bloomberg Ethereum Index... Show more
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A.I.dvisor tells us that ETHD and ETHA have been poorly correlated (+10% of the time) for the last year. This A.I.-generated data suggests there is low statistical probability that ETHD and ETHA's prices will move in lockstep.
| Ticker / NAME | Correlation To ETHD | 1D Price Change % | ||
|---|---|---|---|---|
| ETHD | 100% | -1.05% | ||
| ETHA - ETHD | 10% Poorly correlated | +0.49% | ||
| IBIT - ETHD | 8% Poorly correlated | -0.03% | ||
| FBTC - ETHD | -89% Negatively correlated | -0.04% | ||
| GBTC - ETHD | -89% Negatively correlated | +0.02% | ||
| ETHE - ETHD | -99% Negatively correlated | +0.40% |
The Stochastic Oscillator for ETHD moved out of overbought territory on August 05, 2026. This could be a bearish sign for the stock and investors may want to consider selling or taking a defensive position. A.I.dvisor looked at 29 similar instances where the indicator exited the overbought zone. In of the 29 cases the stock moved lower. This puts the odds of a downward move at .
ETHD moved below its 50-day moving average on July 14, 2026 date and that indicates a change from an upward trend to a downward trend.
The 10-day moving average for ETHD crossed bearishly below the 50-day moving average on July 16, 2026. This indicates that the trend has shifted lower and could be considered a sell signal. In of 4 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 ETHD declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Aroon Indicator for ETHD entered a downward trend on August 05, 2026. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
The Momentum Indicator moved above the 0 level on August 10, 2026. You may want to consider a long position or call options on ETHD as a result. In of 37 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 ETHD just turned positive on August 03, 2026. Looking at past instances where ETHD's MACD turned positive, the stock continued to rise in of 17 cases 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 ETHD advanced for three days, in of 126 cases, the price rose further within the following month. The odds of a continued upward trend are .