UFO Procure Space ETF Forecast, Technical & Fundamental Analysis
The investment seeks investment results that correspond generally to the performance, before the fund's fees and expenses, of an equity index called the "S-Network Space Index"... Show more
UFO's MACD Histogram just turned positive
The Moving Average Convergence Divergence (MACD) for UFO turned positive on June 05, 2025. Looking at past instances where UFO's MACD turned positive, the stock continued to rise in of 44 cases over 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 June 03, 2025. You may want to consider a long position or call options on UFO as a result. In of 95 past instances where the momentum indicator moved above 0, the stock continued to climb. 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 UFO advanced for three days, in of 293 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 241 cases where UFO 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 RSI Oscillator demonstrated that the stock has entered the overbought zone. This may point to a price pull-back soon.
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 11 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 UFO declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
UFO broke above its upper Bollinger Band on June 09, 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.
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General Information
Category Industrials
UFO and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, UFO has been closely correlated with IYJ. These tickers have moved in lockstep 83% of the time. This A.I.-generated data suggests there is a high statistical probability that if UFO jumps, then IYJ could also see price increases.