ProShares UltraShort Daily Balance Of Power

ProShares UltraShort Bloomberg Crude Oil -- USA Etf  

USD 26.65  0.14  0.53%

Investors can use this prediction interface to forecast ProShares UltraShort historic prices and determine the direction of ProShares UltraShort Bloomberg 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 UltraShort historical fundamentals such as revenue growth or operating cash flow patterns. Also please take a look at Historical Fundamental Analysis of ProShares UltraShort to cross-verify your projections.
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ProShares UltraShort Bloomberg Crude Oil has current Daily Balance Of Power of 0.2745. Balance of Power indicator (or BOP) measures the strength of ProShares UltraShort Bloomberg Crude Oil 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.
Previous ProShares UltraShort Daily Balance Of Power  Previous Daily Balance Of PowerDaily Balance Of PowerTrend
(0.63)0.2745
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ProShares UltraShort Trading Date Momentum

On December 12 2017 ProShares UltraShort Bloomberg Crude Oil was traded for 26.65  at the closing time. Highest ProShares UltraShort's price during the trading hours was 26.86  and the lowest price during the day was  26.35 . The net volume was 549 K. The overall trading history on 12 of December did not cause price change. The trading delta at closing time to current price is 1.13% .
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.
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