EUO Stock ProShares UltraShort Euro (EUO, $34.46) price moved above its 50-day Moving Average on January 28, 2025

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EUO - ProShares UltraShort Euro

Moving Avg. signal

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Odds of UP Trend

Price: $34.46

Daily change: +$0.38 (+1.11%)

Daily volume: 22.5K

Net Assets: $39.1M

EUO in upward trend: price rose above 50-day moving average on January 28, 2025

EUO moved above its 50-day moving average on January 28, 2025 date and that indicates a change from a downward trend to an upward trend. In of 39 similar past instances, the stock price increased further within the following month. The odds of a continued upward trend are .

Technical Analysis (Indicators)

Bullish Trend Analysis

The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 5 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where EUO advanced for three days, in of 304 cases, the price rose further within the following month. The odds of a continued upward trend are .

EUO 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 227 cases where EUO 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 EUO moved out of overbought territory on January 14, 2025. 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 37 similar instances where the indicator moved out of overbought territory. In of the 37 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

The Momentum Indicator moved below the 0 level on January 17, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on EUO as a result. In of 93 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 EUO turned negative on January 16, 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 51 similar instances when the indicator turned negative. In of the 51 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 EUO declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .