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 uptrend is expected.
The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where EUO's RSI Oscillator exited the oversold zone, of 31 resulted in an increase in price. Tickeron's analysis proposes that 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 EUO advanced for three days, in of 306 cases, the price rose further within the following month. The odds of a continued upward trend are .
EUO may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Moving Average Convergence Divergence Histogram (MACD) for EUO turned negative on May 29, 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 51 similar instances when the indicator turned negative. In of the 51 cases the stock turned lower in the days that followed. This puts the odds of success at .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where EUO 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 EUO entered a downward trend on July 03, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Category Trading
A.I.dvisor indicates that over the last year, EUO has been closely correlated with UUP. These tickers have moved in lockstep 93% of the time. This A.I.-generated data suggests there is a high statistical probability that if EUO jumps, then UUP could also see price increases.
Ticker / NAME | Correlation To EUO | 1D Price Change % | ||
---|---|---|---|---|
EUO | 100% | +0.73% | ||
UUP - EUO | 93% Closely correlated | +0.48% | ||
USDU - EUO | 86% Closely correlated | +0.19% | ||
YCS - EUO | 29% Poorly correlated | +1.87% | ||
SVXY - EUO | 12% Poorly correlated | +0.30% | ||
QQQY - EUO | 7% Poorly correlated | +0.44% | ||
More |