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UWM
ETF ticker: NYSE ARCA
AS OF
Feb 4, 04:59 PM (EDT)
Price
$52.28
Change
-$0.98 (-1.84%)
Net Assets
306.11M

UWM ProShares Ultra Russell2000 Forecast, Technical & Fundamental Analysis

The investment seeks daily investment results that correspond to two times (2x) the daily performance of the Russell 2000® Index... Show more

Category: #Trading
UWM
Daily Signal:
Gain/Loss:
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A.I.Advisor
a Summary for UWM with price predictions
Feb 03, 2026

Momentum Indicator for UWM turns negative, indicating new downward trend

UWM saw its Momentum Indicator move below the 0 level on January 29, 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 97 similar instances where the indicator turned negative. In of the 97 cases, the stock moved further down in the following days. The odds of a decline are at .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The 10-day RSI Indicator for UWM moved out of overbought territory on January 23, 2026. 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 29 similar instances where the indicator moved out of overbought territory. In of the 29 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 UWM turned negative on January 28, 2026. 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 48 similar instances when the indicator turned negative. In of the 48 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 UWM declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

UWM broke above its upper Bollinger Band on January 09, 2026. 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.

Bullish Trend Analysis

The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 3 days. 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 upward trend is expected.

UWM moved above its 50-day moving average on January 02, 2026 date and that indicates a change from a downward trend to an upward trend.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where UWM advanced for three days, in of 310 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 249 cases where UWM Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

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UWM
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A.I. Advisor
published General Information

General Information

Category Trading

Profile
Fundamentals
Details
Category
Trading--Leveraged Equity
Address
ProShares Trust7501 Wisconsin Avenue,Suite 1000Bethesda
Phone
N/A
Web
www.proshares.com
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UWM and ETFs

Correlation & Price change

A.I.dvisor indicates that over the last year, UWM has been closely correlated with SPXL. These tickers have moved in lockstep 87% of the time. This A.I.-generated data suggests there is a high statistical probability that if UWM jumps, then SPXL could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To UWM
1D Price
Change %
UWM100%
+0.61%
SPXL - UWM
87%
Closely correlated
-2.58%
SSO - UWM
87%
Closely correlated
-1.74%
TQQQ - UWM
81%
Closely correlated
-4.68%
QLD - UWM
81%
Closely correlated
-3.12%
SOXL - UWM
76%
Closely correlated
-6.13%
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