ULE Stock ProShares Ultra Euro (ULE, $12.36) entered Downtrend as Momentum indicator drops below 0 level on May 01, 2025

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ULE - ProShares Ultra Euro

Momentum signal

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Odds of DOWN Trend

Price: $12.36

Daily change: -$0.15 (-1.16%)

Daily volume: 27.6K

Net Assets: $6.8M

ULE sees MACD Histogram crosses below signal line

ULE saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on April 29, 2025. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 48 instances where the indicator turned negative. In of the 48 cases the stock moved lower in the days that followed. This puts the odds of a downward move at .

Technical Analysis (Indicators)

Bearish Trend Analysis

The 10-day RSI Indicator for ULE moved out of overbought territory on April 22, 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 26 similar instances where the indicator moved out of overbought territory. In of the 26 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

The Momentum Indicator moved below the 0 level on May 01, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on ULE as a result. In of 92 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

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

ULE broke above its upper Bollinger Band on April 10, 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.

Bullish Trend Analysis

The Stochastic Oscillator demonstrated that the ticker has stayed in the oversold zone for 1 day, which means it's wise to expect a price bounce in the near future.

The 50-day moving average for ULE moved above the 200-day moving average on April 21, 2025. This could be a long-term bullish signal for the stock as the stock shifts to an upward trend.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where ULE advanced for three days, in of 274 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 220 cases where ULE Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .