Momentum Indicator for SSO turns positive, indicating new upward trend
SSO saw its Momentum Indicator move above the 0 level on June 03, 2025. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 69 similar instances where the indicator turned positive. In of the 69 cases, the stock moved higher in the following days. The odds of a move higher are at .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Moving Average Convergence Divergence (MACD) for SSO just turned positive on June 26, 2025. Looking at past instances where SSO's MACD turned positive, the stock continued to rise in of 53 cases 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 SSO advanced for three days, in of 365 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 402 cases where SSO Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The RSI Indicator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.
The Stochastic Oscillator has been in the overbought zone for 2 days. Expect a price pull-back in the near future.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where SSO declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
SSO broke above its upper Bollinger Band on June 26, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
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General Information
Category Trading
| 1 Day | |||
|---|---|---|---|
| ETFs / NAME | Price $ | Chg $ | Chg % |
| QQQU | 44.00 | 0.93 | +2.16% |
| Direxion Daily Concentrated Qs Bull 2X Shares | |||
| IXC | 39.41 | 0.37 | +0.95% |
| iShares Global Energy ETF | |||
| CPZ | 16.11 | 0.08 | +0.50% |
| Calamos Long/Short Equity & Dynamic Income Trust | |||
| FLOW | 31.49 | 0.13 | +0.41% |
| Global X U.S. Cash Flow Kings 100 ETF | |||
| ZFEB | 24.35 | 0.04 | +0.16% |
| Innovator Equity Defined Prt ETF -1YrFeb | |||
SSO and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, SSO has been closely correlated with SPUU. These tickers have moved in lockstep 99% of the time. This A.I.-generated data suggests there is a high statistical probability that if SSO jumps, then SPUU could also see price increases.
| Ticker / NAME | Correlation To SSO | 1D Price Change % | ||
|---|---|---|---|---|
| SSO | 100% | +0.85% | ||
| SPUU - SSO | 99% Closely correlated | +0.93% | ||
| UPRO - SSO | 98% Closely correlated | +1.35% | ||
| SPXL - SSO | 98% Closely correlated | +1.33% | ||
| XUSP - SSO | 97% Closely correlated | +0.53% | ||
| XDSQ - SSO | 96% Closely correlated | +0.03% | ||
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