UTRE US Treasury 3 Year Note ETF Forecast, Technical & Fundamental Analysis

UTRE's Stochastic Oscillator sits in overbought zone for 7 days

The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

Technical Analysis (Indicators)

Bearish Trend Analysis

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

UTRE broke above its upper Bollinger Band on November 14, 2023. 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

UTRE moved above its 50-day moving average on October 26, 2023 date and that indicates a change from a downward trend to an upward trend.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where UTRE advanced for three days, in of 28 cases, the price rose further within the following month. The odds of a continued upward trend are .

Fundamental Analysis (Ratings)