SCO Stock Tickeron detected bearish ETF Pattern: Pennant SCO on January 05, 2026, netting in a 10.38% gain over 1 week

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SCO - ProShares UltraShort Bloomberg Crude Oil

Ticker: SCO

Company: ProShares UltraShort Bloomberg Crude Oil

Gain from shorting: +10.38%

Confirmed: 01/05/26

Succeeded: 01/13/26

Total length: 11 days

On January 02, 2026, A.I.dvisor detected a Pennant Pattern (Bearish) for ProShares UltraShort Bloomberg Crude Oil (SCO, $19.66). 3 days later, on January 05, 2026, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On January 13, 2026, the stock hit the target price of $17.37 – resulting in a +1 gain for traders who shorted the stock on the pattern detection date.

Momentum Indicator for SCO turns negative, indicating new downward trend

SCO saw its Momentum Indicator move below the 0 level on January 08, 2026. This is an indication that the stock could be shifting in to a new downward move. Traders may want to consider selling the stock or exploring put options. Tickeron's A.I.dvisor looked at 94 similar instances where the indicator turned negative. In of the 94 cases, the stock moved further down in the following days. The odds of a decline are at .

Technical Analysis (Indicators)

Bearish Trend Analysis

The 10-day RSI Indicator for SCO moved out of overbought territory on December 17, 2025. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 23 similar instances where the indicator moved out of overbought territory. In of the 23 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

The Moving Average Convergence Divergence Histogram (MACD) for SCO turned negative on December 23, 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 54 similar instances when the indicator turned negative. In of the 54 cases the stock turned lower in the days that followed. This puts the odds of success at .

SCO moved below its 50-day moving average on January 08, 2026 date and that indicates a change from an upward trend to a downward trend.

The 10-day moving average for SCO crossed bearishly below the 50-day moving average on January 14, 2026. This indicates that the trend has shifted lower and could be considered a sell signal. In of 18 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 SCO 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 Stochastic Oscillator demonstrated that the ticker has stayed in the oversold zone for 2 days, 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 SCO advanced for three days, in of 253 cases, the price rose further within the following month. The odds of a continued upward trend are .

SCO 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 93 cases where SCO Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .