SH Stock Tickeron detected bullish ETF Pattern: Broadening Wedge Descending SH on February 26, 2025, netting in a 5.11% gain over 1 month

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SH - ProShares Short S&P500

Ticker: SH

Company: ProShares Short S&P500

Gain: +5.11%

Confirmed: 02/26/25

Succeeded: 03/03/25

Total length: 39 days

SH in +2.98% Uptrend, advancing for three consecutive days on March 04, 2025

Moving higher for three straight days is viewed as a bullish sign. Keep an eye on this stock for future growth. Considering data from situations where SH advanced for three days, in of 237 cases, the price rose further within the following month. The odds of a continued upward trend are .

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on February 21, 2025. You may want to consider a long position or call options on SH as a result. In of 68 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 SH just turned positive on February 21, 2025. Looking at past instances where SH's MACD turned positive, the stock continued to rise in of 49 cases over the following month. The odds of a continued upward trend are .

SH moved above its 50-day moving average on February 21, 2025 date and that indicates a change from a downward trend to an upward trend.

The 10-day moving average for SH crossed bullishly above the 50-day moving average on February 28, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 13 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 .

The Aroon Indicator entered an Uptrend today. In of 114 cases where SH Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Bearish Trend Analysis

The 10-day RSI Indicator for SH moved out of overbought territory on March 07, 2025. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 21 similar instances where the indicator moved out of overbought territory. In of the 21 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 9 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where SH declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

SH broke above its upper Bollinger Band on March 04, 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.