KOLD ProShares UltraShort Bloomberg Natrl Gas Forecast, Technical & Fundamental Analysis
KOLD's RSI Oscillator stays in overbought zone for 5 days
The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
Technical Analysis (Indicators)
Bearish Trend Analysis
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 16 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
KOLD broke above its upper Bollinger Band on November 28, 2023. 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.
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on November 07, 2023. You may want to consider a long position or call options on KOLD as a result. In of 73 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 KOLD just turned positive on November 06, 2023. Looking at past instances where KOLD's MACD turned positive, the stock continued to rise in of 42 cases over the following month. The odds of a continued upward trend are .
KOLD moved above its 50-day moving average on November 08, 2023 date and that indicates a change from a downward trend to an upward trend.
The 10-day moving average for KOLD crossed bullishly above the 50-day moving average on November 16, 2023. This indicates that the trend has shifted higher and could be considered a buy signal. In of 15 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 .
Following a +1 3-day Advance, the price is estimated to grow further. Considering data from situations where KOLD advanced for three days, in of 320 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 234 cases where KOLD Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Fundamental Analysis (Ratings)
Industry description
General Information
Category BearMarket
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| FZIPX | 11.52 | 0.32 | +2.86% |
| Fidelity® ZERO Extended Market Index | |||
| PREPX | 25.29 | 0.60 | +2.43% |
| Principal Real Estate Securities R5 | |||
| IGIIX | 33.91 | 0.20 | +0.59% |
| Delaware Ivy Global Growth Fund Class I | |||
| GCGUX | 21.68 | 0.11 | +0.51% |
| Goldman Sachs Concentrated Growth R6 | |||
| FMGEX | 2.70 | 0.01 | +0.50% |
| Frontier MFG Global Equity Institutional | |||
KOLD and
Correlation & Price change
A.I.dvisor tells us that KOLD and SCO have been poorly correlated (+16% of the time) for the last year. This A.I.-generated data suggests there is low statistical probability that KOLD and SCO's prices will move in lockstep.
| Ticker / NAME | Correlation To KOLD | 1D Price Change % | ||
|---|---|---|---|---|
| KOLD | 100% | +2.59% | ||
| SCO - KOLD | 16% Poorly correlated | +1.49% | ||
| DGZ - KOLD | 2% Poorly correlated | -1.55% | ||
| DZZ - KOLD | 2% Poorly correlated | -2.79% | ||
| GDXD - KOLD | -4% Poorly correlated | -4.88% | ||
| GLL - KOLD | -5% Poorly correlated | -3.38% | ||
More | ||||