UCO ProShares Ultra Bloomberg Crude Oil Forecast, Technical & Fundamental Analysis

UCO's MACD Histogram crosses above signal line

The Moving Average Convergence Divergence (MACD) for UCO turned positive on May 08, 2025. Looking at past instances where UCO's MACD turned positive, the stock continued to rise in of 50 cases over the following month. The odds of a continued upward trend are .

Technical Analysis (Indicators)

Bullish Trend Analysis

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where UCO advanced for three days, in of 345 cases, the price rose further within the following month. The odds of a continued upward trend are .

UCO may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

The Aroon Indicator entered an Uptrend today. In of 304 cases where UCO 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 Stochastic Oscillator entered the overbought zone. Expect a price pull-back in the foreseeable future.

The Momentum Indicator moved below the 0 level on June 04, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on UCO as a result. In of 89 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

UCO moved below its 50-day moving average on June 04, 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 UCO declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .