|ProShares UltraPro 3x Short Crude Oil -- USA Etf|| |
USD 12.43 0.12 0.96%
Investors can use this prediction interface to forecast ProShares UltraPro historic prices and determine the direction of ProShares UltraPro 3x Short Crude Oil 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 UltraPro historical fundamentals such as revenue growth or operating cash flow patterns. Additionally take a look at Historical Fundamental Analysis of ProShares UltraPro
to cross-verify your projections.
ProShares UltraPro 3x Short Crude Oil has current Daily Balance Of Power of (0.48)
. Balance of Power indicator (or BOP) measures the strength of ProShares UltraPro 3x Short Crude Oil market sensitivity to bulls and bears. It estimates the ability of ProShares UltraPro buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring ProShares UltraPro Balance of Power indicator one can determine a trend of the price direction.
ProShares UltraPro Trading Date Momentum
|On December 18 2017 ProShares UltraPro 3x Short Crude Oil was traded for 12.43 at the closing time. The top price for the day was 12.54 and the lowest listed price was 12.29 . The trading volume for the day was 78.8 K. The trading history from December 18, 2017 did not cause price change. The trading delta at closing time against the current closing price is 0.4% . |
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.