MENU
+Compare
SCO
ETF ticker: NYSE ARCA
AS OF
Jun 4 closing price
Price
$19.67
Change
+$0.34 (+1.76%)
Net Assets
110.31M

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

Category: #Trading
SCO
Daily Signalchanged days ago
Gain/Loss if bought
Show more...
Interact to see
Advertisement
A.I.Advisor
a Summary for SCO with price predictions
Jun 04, 2025

SCO sees MACD Histogram just turned negative

SCO saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on June 02, 2025. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 51 instances where the indicator turned negative. In of the 51 cases the stock moved lower in the days that followed. This puts the odds of a downward move at .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

SCO moved below its 50-day moving average on June 02, 2025 date and that indicates a change from an upward trend to a 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 .

SCO broke above its upper Bollinger Band on May 30, 2025. 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.

The Aroon Indicator for SCO entered a downward trend on May 15, 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.

Bullish Trend Analysis

The Stochastic Oscillator is in the oversold zone. Keep an eye out for a move up in the foreseeable future.

The Momentum Indicator moved above the 0 level on June 04, 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 10-day moving average for SCO crossed bullishly above the 50-day moving average on May 28, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 17 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 SCO advanced for three days, in of 246 cases, the price rose further within the following month. The odds of a continued upward trend are .

View a ticker or compare two or three
SCO
Daily Signalchanged days ago
Gain/Loss if bought
Show more...
Interact to see
Advertisement
A.I. Advisor
published General Information

General Information

Category Trading

Profile
Fundamentals
Details
Category
Trading--Inverse Commodities
Address
ProShares Trust II7501 WISCONSIN AVEBethesda
Phone
240-497-6400
Web
www.proshares.com
Interesting Tickers
1D
1W
1M
1Q
6M
1Y
5Y
1 Day
MFs / NAMEPrice $Chg $Chg %
OMSOX27.63N/A
N/A
Invesco Main Street All Cap A
HAGCX51.78N/A
N/A
Carillon Eagle Mid Cap Growth C
ALABX12.22N/A
N/A
ALPS/Smith Balanced Opportunity A
COHOX12.72N/A
N/A
Coho Relative Value Equity
DGIFX23.90N/A
N/A
Disciplined Growth Investors

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 35% 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.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To SCO
1D Price
Change %
SCO100%
+1.76%
ZSL - SCO
35%
Loosely correlated
+1.18%
GDXD - SCO
26%
Poorly correlated
-1.00%
DULL - SCO
25%
Poorly correlated
-1.55%
GLL - SCO
22%
Poorly correlated
-1.11%
DGZ - SCO
3%
Poorly correlated
N/A
More