SRS Stock ProShares UltraShort Real Estate (SRS, $50.85) Moving Average Convergence Divergence (MACD) Histogram turned positive on April 3, 2025
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SRS sees its Stochastic Oscillator ascends from oversold territory
On April 03, 2025, the Stochastic Oscillator for SRS moved out of oversold territory and this could be a bullish sign for the stock. Traders may want to buy the stock or buy call options. Tickeron's A.I.dvisor looked at 59 instances where the indicator left the oversold zone. In of the 59 cases the stock moved higher in the following days. This puts the odds of a move higher at over .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on April 03, 2025. You may want to consider a long position or call options on SRS as a result. In of 81 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 SRS just turned positive on April 03, 2025. Looking at past instances where SRS'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 .
SRS moved above its 50-day moving average on April 03, 2025 date and that indicates a change from a downward trend to an upward trend.
The 10-day moving average for SRS crossed bullishly above the 50-day moving average on March 20, 2025. 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 3-day Advance, the price is estimated to grow further. Considering data from situations where SRS advanced for three days, in of 275 cases, the price rose further within the following month. The odds of a continued upward trend are .
Bearish Trend Analysis
The 10-day RSI Indicator for SRS moved out of overbought territory on March 14, 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 23 similar instances where the indicator moved out of overbought territory. In of the 23 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where SRS declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
SRS broke above its upper Bollinger Band on April 03, 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 SRS entered a downward trend on March 12, 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.
General Information
Category Trading