SUPL ProShares Supply Chain Logistics ETF Forecast, Technical & Fundamental Analysis
Momentum Indicator for SUPL turns positive, indicating new upward trend
SUPL saw its Momentum Indicator move above the 0 level on January 08, 2025. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 57 similar instances where the indicator turned positive. In of the 57 cases, the stock moved higher in the following days. The odds of a move higher are at .
Technical Analysis (Indicators)
Bullish Trend Analysis
Bearish Trend Analysis
The Stochastic Oscillator entered the overbought zone. Expect a price pull-back in the foreseeable future.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where SUPL declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
General Information
Category Industrials
SUPL and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, SUPL has been closely correlated with FXR. These tickers have moved in lockstep 84% of the time. This A.I.-generated data suggests there is a high statistical probability that if SUPL jumps, then FXR could also see price increases.
| Ticker / NAME | Correlation To SUPL | 1D Price Change % | ||
|---|---|---|---|---|
| SUPL | 100% | +1.46% | ||
| FXR - SUPL | 84% Closely correlated | +1.79% | ||
| VIS - SUPL | 79% Closely correlated | +2.24% | ||
| EXI - SUPL | 73% Closely correlated | +2.19% | ||
| XAR - SUPL | 57% Loosely correlated | +4.70% | ||
| XLI - SUPL | 56% Loosely correlated | +2.05% | ||
More | ||||