YXI ProShares Short FTSE China 50 Forecast, Technical & Fundamental Analysis

YXI's Stochastic Oscillator is sitting in overbought zone for 4 days

The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

Technical Analysis (Indicators)

Bearish Trend Analysis

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on January 06, 2025. You may want to consider a long position or call options on YXI as a result. In of 101 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 YXI just turned positive on December 31, 2024. Looking at past instances where YXI'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 .

YXI moved above its 50-day moving average on December 30, 2024 date and that indicates a change from a downward trend to an upward trend.

The 10-day moving average for YXI crossed bullishly above the 50-day moving average on January 08, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 18 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 .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where YXI advanced for three days, in of 303 cases, the price rose further within the following month. The odds of a continued upward trend are .