UUP Stock Tickeron detected bearish ETF Pattern: Broadening Wedge Descending UUP on March 06, 2025, netting in a 2.74% gain over 1 month

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UUP - Invesco DB US Dollar Bullish

Ticker: UUP

Company: Invesco DB US Dollar Bullish

Gain from shorting: +2.74%

Confirmed: 03/06/25

Succeeded: 04/10/25

Total length: 35 days

Momentum Indicator for UUP turns negative, indicating new downward trend

UUP saw its Momentum Indicator move below the 0 level on April 03, 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 87 similar instances where the indicator turned negative. In of the 87 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 UUP turned negative on April 10, 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 42 similar instances when the indicator turned negative. In of the 42 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 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 .

The Aroon Indicator for UUP entered a downward trend on April 08, 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 demonstrates 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 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 UUP advanced for three days, in of 322 cases, the price rose further within the following month. The odds of a continued upward trend are .

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