KOLD ProShares UltraShort Bloomberg Natrl Gas Forecast, Technical & Fundamental Analysis
The investment seeks daily investment results, before fees and expenses, that correspond to two times the inverse (-2x) of the performance of the Bloomberg Natural Gas SubindexSM for a single day... Show more
KOLD's RSI Indicator ascending out of oversold territory
The RSI Oscillator for KOLD moved out of oversold territory on March 11, 2025. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 40 similar instances when the indicator left oversold territory. In of the 40 cases the stock moved higher. This puts the odds of a move higher at .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Moving Average Convergence Divergence (MACD) for KOLD just turned positive on February 27, 2025. Looking at past instances where KOLD's MACD turned positive, the stock continued to rise in of 39 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 KOLD advanced for three days, in of 297 cases, the price rose further within the following month. The odds of a continued upward trend are .
Bearish Trend Analysis
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 59 cases where KOLD'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 April 03, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on KOLD as a result. In of 73 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent 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 KOLD 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 KOLD entered a downward trend on March 19, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
General Information
Category Trading
KOLD and ETFs
Correlation & Price change
A.I.dvisor tells us that KOLD and GLL have been poorly correlated (+7% of the time) for the last year. This A.I.-generated data suggests there is low statistical probability that KOLD and GLL's prices will move in lockstep.
| Ticker / NAME | Correlation To KOLD | 1D Price Change % | ||
|---|---|---|---|---|
| KOLD | 100% | -4.74% | ||
| GLL - KOLD | 7% Poorly correlated | +2.22% | ||
| DZZ - KOLD | 3% Poorly correlated | +4.41% | ||
| DULL - KOLD | 3% Poorly correlated | +1.57% | ||
| DGZ - KOLD | 2% Poorly correlated | +2.81% | ||
| ZSL - KOLD | 1% Poorly correlated | +16.56% | ||
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