UXI Stock ProShares Ultra Industrials (UXI, $40.8) Aroon Indicator entered an Uptrend on October 18, 2024.

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UXI - ProShares Ultra Industrials

Aroon signal

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Odds of UP Trend

Price: $40.8

Daily change: +$0.2 (+0.48%)

Daily volume: 2.3K

Net Assets: $24.4M

UXI's MACD Histogram just turned positive

The Moving Average Convergence Divergence (MACD) for UXI turned positive on October 11, 2024. Looking at past instances where UXI's MACD turned positive, the stock continued to rise in of 44 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 September 17, 2024. You may want to consider a long position or call options on UXI as a result. In of 75 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 UXI advanced for three days, in of 350 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 316 cases where UXI 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 UXI moved out of overbought territory on October 17, 2024. 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 43 similar instances where the indicator moved out of overbought territory. In of the 43 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

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

UXI broke above its upper Bollinger Band on October 11, 2024. 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.