URTY Stock Tickeron detected bearish ETF Pattern: Cup-and-Handle Inverse URTY on February 19, 2025, netting in a 4.00% gain over 2 days

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URTY - ProShares UltraPro Russell2000

Ticker: URTY

Company: ProShares UltraPro Russell2000

Gain from shortening: +4%

Confirmed: 02/19/25

Succeeded: 02/20/25

Total length: 2 days

Momentum Indicator for URTY turns negative, indicating new downward trend

URTY saw its Momentum Indicator move below the 0 level on February 19, 2025. This is an indication that the stock could be shifting in to a new downward move. Traders may want to consider selling the stock or exploring put options. Tickeron's A.I.dvisor looked at 90 similar instances where the indicator turned negative. In of the 90 cases, the stock moved further down in the following days. The odds of a decline are at .

Technical Analysis (Indicators)

Bearish Trend Analysis

The Moving Average Convergence Divergence Histogram (MACD) for URTY turned negative on February 20, 2025. 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 44 similar instances when the indicator turned negative. In of the 44 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 URTY declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

The Aroon Indicator for URTY entered a downward trend on January 23, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Bullish Trend Analysis

The RSI Indicator entered the oversold zone -- be on the watch for URTY's price rising or consolidating in the future. That's also the time to consider buying the stock or exploring call options.

The Stochastic Oscillator is in the oversold zone. Keep an eye out for a move up in the foreseeable future.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where URTY advanced for three days, in of 319 cases, the price rose further within the following month. The odds of a continued upward trend are .

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