SCO ProShares UltraShort Bloomberg Crude Oil Forecast, Technical & Fundamental Analysis
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 Commodity Balanced WTI Crude Oil IndexSM... Show more
SCO's RSI Indicator recovers from oversold territory
The RSI Indicator for SCO moved out of oversold territory on July 31, 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 41 similar instances when the indicator left oversold territory. In of the 41 cases the stock moved higher. This puts the odds of a move higher at .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on August 05, 2025. You may want to consider a long position or call options on SCO as a result. In of 88 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 SCO just turned positive on August 04, 2025. Looking at past instances where SCO's MACD turned positive, the stock continued to rise in of 52 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 SCO advanced for three days, in of 249 cases, the price rose further within the following month. The odds of a continued upward trend are .
SCO may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Bearish Trend Analysis
The Stochastic Oscillator entered the overbought zone. Expect a price pull-back in the foreseeable future.
The 50-day moving average for SCO moved below the 200-day moving average on July 24, 2025. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where SCO 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 SCO entered a downward trend on August 05, 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.
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General Information
Category Trading
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| AIMOX | 17.61 | 0.04 | +0.23% |
| AQR International Momentum Style I | |||
| JEEBX | 16.83 | N/A | N/A |
| JHancock Infrastructure A | |||
| LSHEX | 29.58 | N/A | N/A |
| Kinetics Spin-Off and Corp Rest No Load | |||
| OILVX | 19.71 | -0.02 | -0.10% |
| Optimum Large Cap Value Instl | |||
| JATAX | 69.70 | -0.56 | -0.80% |
| Janus Henderson Glb Tech and Innovt A | |||
SCO and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, SCO has been loosely correlated with ZSL. These tickers have moved in lockstep 33% of the time. This A.I.-generated data suggests there is some statistical probability that if SCO jumps, then ZSL could also see price increases.
| Ticker / NAME | Correlation To SCO | 1D Price Change % | ||
|---|---|---|---|---|
| SCO | 100% | +2.27% | ||
| ZSL - SCO | 33% Loosely correlated | -2.08% | ||
| GLL - SCO | 24% Poorly correlated | -0.19% | ||
| DULL - SCO | 23% Poorly correlated | -0.27% | ||
| GDXD - SCO | 19% Poorly correlated | -8.75% | ||
| KOLD - SCO | 12% Poorly correlated | -3.87% | ||
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