|ProShares UltraShort Bloomberg Natrl Gas -- USA Etf|| |
USD 42.87 0.08 0.19%
Investors can use this prediction interface to forecast ProShares UltraShort historic prices and determine the direction of ProShares UltraShort Bloomberg Natrl Gas future trends based on various well-known forecasting models. However looking at historical price movement exclusively is usually misleading. Macroaxis recommends to always use this module together with analysis of ProShares UltraShort historical fundamentals such as revenue growth or operating cash flow patterns. Please see also Historical Fundamental Analysis of ProShares UltraShort
to cross-verify your projections.
ProShares UltraShort Bloomberg Natrl Gas has current Daily Balance Of Power of 0.11
. Balance of Power indicator (or BOP) measures the strength of ProShares UltraShort Bloomberg Natrl Gas market sensitivity to bulls and bears. It estimates the ability of ProShares UltraShort buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring ProShares UltraShort Balance of Power indicator one can determine a trend of the price direction.
ProShares UltraShort Trading Date Momentum
|On April 23 2018 ProShares UltraShort Bloomberg Natrl Gas was traded for 42.87 at the closing time. The top price for the day was 43.31 and the lowest listed price was 42.58 . The trading volume for the day was 6.2 K. The trading history from April 23, 2018 did not cause price change. The trading delta at closing time against the current closing price is 1.03% . |
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.