UUP's MACD Histogram crosses above signal line
The Moving Average Convergence Divergence (MACD) for UUP turned positive on September 22, 2023. Looking at past instances where UUP's MACD turned positive, the stock continued to rise in of 48 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 August 31, 2023. You may want to consider a long position or call options on UUP as a result. In of 88 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 UUP advanced for three days, in of 305 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 250 cases where UUP 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 10-day RSI Indicator for UUP moved out of overbought territory on September 28, 2023. 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 38 similar instances where the indicator moved out of overbought territory. In of the 38 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 18 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 UUP declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
UUP broke above its upper Bollinger Band on September 25, 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.
Fundamental Analysis (Ratings)
Industry description
General Information
Category Trading
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| VLLIX | 25.33 | 0.01 | +0.04% |
| Value Line Larger Companies Focus Instl | |||
| MMFFX | 13.80 | N/A | N/A |
| MM S&P 500® Index A | |||
| DSMFX | 11.39 | -0.02 | -0.18% |
| Destinations Small-Mid Cap Equity I | |||
| FKICX | 9.88 | -0.02 | -0.20% |
| Fidelity® Small Cap Stock K6 | |||
| VSIAX | 68.51 | -0.23 | -0.33% |
| Vanguard Small Cap Value Index Admiral | |||
UUP and
Correlation & Price change
A.I.dvisor indicates that over the last year, UUP has been closely correlated with EUO. These tickers have moved in lockstep 97% of the time. This A.I.-generated data suggests there is a high statistical probability that if UUP jumps, then EUO could also see price increases.
| Ticker / NAME | Correlation To UUP | 1D Price Change % | ||
|---|---|---|---|---|
| UUP | 100% | +0.07% | ||
| EUO - UUP | 97% Closely correlated | -0.16% | ||
| USDU - UUP | 95% Closely correlated | +0.18% | ||
| YCS - UUP | 65% Loosely correlated | +0.35% | ||
| SPKX - UUP | 27% Poorly correlated | +1.40% | ||
| SPKY - UUP | 27% Poorly correlated | +2.40% | ||
More | ||||