ProShares Ultra Bloomberg Crude Oil (UCO, $31.11) Stochastic Oscillator left the oversold zone on May 01, 2024

A.I.dvisor
at Tickeron.com
05/02/24
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UCO - ProShares Ultra Bloomberg Crude Oil
Stochastic signal
Bullish Trend
Odds of UP Trend
Stochastic signal
Price: $31.11
Daily change: -$1.81 (-5.5%)
Daily volume: 2.4M
Net Assets: $576.1M
This is a signal that UCO's price trend could be reversing, and it may be an opportunity to buy the stock or explore call options. A.I.dvisor identified 54 similar cases where UCO's stochastic oscillator exited the oversold zone, and of them led to successful outcomes. Odds of Success:
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UCODaily Signal changed days agoGain/Loss if shorted
 
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General Information

Category Trading

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