UPRO's RSI Oscillator recovers from overbought zone
The 10-day RSI Oscillator for UPRO moved out of overbought territory on December 09, 2024. This could be a sign that the stock is shifting from an upward trend to a downward trend. Traders may want to look at selling the stock or buying put options. Tickeron's A.I.dvisor looked at 41 instances where the indicator moved out of the overbought zone. In of the 41 cases the stock moved lower in the days that followed. This puts the odds of a move down at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 65 cases where UPRO's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .
The Momentum Indicator moved below the 0 level on December 17, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on UPRO as a result. In of 72 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for UPRO turned negative on December 12, 2024. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 49 similar instances when the indicator turned negative. In of the 49 cases the stock turned lower in the days that followed. This puts the odds of success at .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where UPRO declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
Bullish Trend Analysis
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where UPRO advanced for three days, in of 354 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 408 cases where UPRO Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
General Information
Category Trading
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| MSCOX | 10.52 | -0.01 | -0.09% |
| Morgan Stanley Inst Inception C | |||
| RGAEX | 83.58 | -0.41 | -0.49% |
| American Funds Growth Fund of Amer R4 | |||
| DLCFX | 18.12 | -0.10 | -0.55% |
| Destinations Large Cap Equity I | |||
| VYRIX | 12.01 | -0.09 | -0.74% |
| VY® T. Rowe Price Divers Mid Cap Gr R6 | |||
| AMAKX | 11.03 | -0.18 | -1.57% |
| American Century Small Cap Dividend R6 | |||
UPRO and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, UPRO has been closely correlated with SPXL. These tickers have moved in lockstep 100% of the time. This A.I.-generated data suggests there is a high statistical probability that if UPRO jumps, then SPXL could also see price increases.
| Ticker / NAME | Correlation To UPRO | 1D Price Change % | ||
|---|---|---|---|---|
| UPRO | 100% | -1.28% | ||
| SPXL - UPRO | 100% Closely correlated | -1.33% | ||
| SSO - UPRO | 100% Closely correlated | -0.87% | ||
| QULL - UPRO | 96% Closely correlated | -0.73% | ||
| QLD - UPRO | 94% Closely correlated | -0.89% | ||
| TQQQ - UPRO | 94% Closely correlated | -1.34% | ||
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