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YCS Stock Tickeron detected bearish ETF Pattern: Head-and-Shoulders Top YCS on January 27, 2025, netting in a 5.26% gain over 2 weeks

A.I.dvisor
at Tickeron.com
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+5.26% Gain from a Successful pattern Head-and-Shoulders Top
YCS - ProShares UltraShort Yen
Tickeron
Ticker: YCS
Company: ProShares UltraShort Yen
Gain from shortening: +5.26%
Confirmed: 01/27/25
Succeeded: 02/05/25
Total length: 14 days
On January 22, 2025, A.I.dvisor detected a Head-and-Shoulders Top Pattern (Bearish) for ProShares UltraShort Yen (YCS, $47.75). 5 days later, on January 27, 2025, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On February 05, 2025, the stock hit the target price of $44.98 – resulting in a gain for traders who shorted the stock on the pattern detection date.

YCS's Indicator enters downward trend

The Aroon Indicator for YCS entered a downward trend on February 18, 2025. Tickeron's A.I.dvisor identified a pattern where the AroonDown red line was above 70 while the AroonUp green line was below 30 for three straight days. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options. A.I.dvisor looked at 125 similar instances where the Aroon Indicator formed such a pattern. In of the 125 cases the stock moved lower. This puts the odds of a downward move at .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on February 03, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on YCS as a result. In of 83 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

The Moving Average Convergence Divergence Histogram (MACD) for YCS turned negative on January 15, 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 53 similar instances when the indicator turned negative. In of the 53 cases the stock turned lower in the days that followed. This puts the odds of success at .

YCS moved below its 50-day moving average on February 13, 2025 date and that indicates a change from an upward trend to a downward trend.

The 10-day moving average for YCS crossed bearishly below the 50-day moving average on February 07, 2025. This indicates that the trend has shifted lower and could be considered a sell signal. In of 13 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .

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 .

Bullish Trend Analysis

The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where YCS's RSI Oscillator exited the oversold zone, of 19 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Stochastic Oscillator demonstrated 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.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where YCS advanced for three days, in of 378 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.

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General Information

Category Trading

Profile
Fundamentals
Details
Category
Trading--Miscellaneous
Address
ProShares Trust II7501 WISCONSIN AVEBethesda
Phone
240-497-6400
Web
www.proshares.com