RINF ProShares Inflation Expectations Forecast, Technical & Fundamental Analysis
RINF in -0.57% downward trend, sliding for three consecutive days on December 30, 2024
Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where RINF declined for three days, in of 287 cases, the price declined further within the following month. The odds of a continued downward trend are .
Technical Analysis (Indicators)
Bearish Trend Analysis
Bullish Trend Analysis
The 10-day moving average for RINF crossed bullishly above the 50-day moving average on December 20, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In of 16 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 3-day Advance, the price is estimated to grow further. Considering data from situations where RINF advanced for three days, in of 358 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 285 cases where RINF Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
General Information
Category Miscellaneous
RINF and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, RINF has been loosely correlated with IGHG. These tickers have moved in lockstep 33% of the time. This A.I.-generated data suggests there is some statistical probability that if RINF jumps, then IGHG could also see price increases.
| Ticker / NAME | Correlation To RINF | 1D Price Change % | ||
|---|---|---|---|---|
| RINF | 100% | +0.20% | ||
| IGHG - RINF | 33% Loosely correlated | +0.09% | ||
| HYZD - RINF | 18% Poorly correlated | -0.02% | ||
| HYHG - RINF | 17% Poorly correlated | +0.27% | ||
| AGZD - RINF | 4% Poorly correlated | -0.62% | ||
| FIAX - RINF | -10% Poorly correlated | +0.29% | ||
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