YCL Stock ProShares Ultra Yen (YCL, $21.39) Moving Average Convergence Divergence (MACD) Histogram turned positive on November 15, 2024

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YCL - ProShares Ultra Yen

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Odds of UP Trend

Price: $21.39

Daily change: +$0.7 (+3.38%)

Daily volume: 94K

Net Assets: $42.2M

YCL's RSI Indicator ascends from oversold territory

The RSI Indicator for YCL moved out of oversold territory on November 15, 2024. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 44 similar instances when the indicator left oversold territory. In of the 44 cases the stock moved higher. This puts the odds of a move higher at .

Technical Analysis (Indicators)

Bullish Trend Analysis

The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 3 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.

The Moving Average Convergence Divergence (MACD) for YCL just turned positive on November 15, 2024. Looking at past instances where YCL's MACD turned positive, the stock continued to rise in of 53 cases over the following month. 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 YCL advanced for three days, in of 246 cases, the price rose further within the following month. The odds of a continued upward trend are .

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

Bearish Trend Analysis

Following a 3-day decline, the stock is projected to fall further. Considering past instances where YCL 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 YCL entered a downward trend on November 15, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.