YCS ProShares UltraShort Yen Forecast, Technical & Fundamental Analysis

YCS in upward trend: 10-day moving average moved above 50-day moving average on December 17, 2024

The 10-day moving average for YCS crossed bullishly above the 50-day moving average on December 17, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In of 14 past instances when the 10-day crossed above the 50-day, the stock continued to move higher 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 December 12, 2024. You may want to consider a long position or call options on YCS as a result. In of 85 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for YCS just turned positive on December 13, 2024. Looking at past instances where YCS's MACD turned positive, the stock continued to rise in of 54 cases over the following month. The odds of a continued upward trend are .

YCS moved above its 50-day moving average on December 09, 2024 date and that indicates a change from a downward trend to an upward trend.

The 50-day moving average for YCS moved above the 200-day moving average on November 22, 2024. This could be a long-term bullish signal for the stock as the stock shifts to an upward trend.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where YCS advanced for three days, in of 377 cases, the price rose further within the following month. The odds of a continued upward trend are .

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

The Aroon Indicator entered an Uptrend today. In of 362 cases where YCS 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 Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 4 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 YCS declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .