The Technical Analyst
ProShares UltraShort [SCO]
Exchange: NYSE Sector: Miscellaneous
ProShares UltraShort Price, Forecast, Insider, Ratings, Fundamentals & Signals
-0.54% $16.69
America/New_York / 8 mai 2024 @ 15:59
| FUNDAMENTALS | |
|---|---|
| MarketCap: | 190.45 mill |
| EPS: | 0 |
| P/E: | 0 |
| Earnings Date: | N/A |
| SharesOutstanding: | 11.41 mill |
| Avg Daily Volume: | 2.33 mill |
| PE RATIO: COMPANY / SECTOR |
|---|
| 0.00x |
| Company: PE 0 | sector: PE 0 |
| PE RATIO: COMPANY / INDUSTRY |
|---|
| N/A |
| Company: PE 0 | industry: PE 13.52 |
| DISCOUNTED CASH FLOW VALUE |
|---|
| N/A |
| N/A |
| Expected Trading Range (DAY) |
|---|
|
$ 16.22 - 17.17 ( +/- 2.85%) |
| ATR Model: 14 days |
Insider Trading
| Date | Person | Action | Amount | type |
|---|---|---|---|---|
| 2007-09-30 | Clark Robert J | Buy | 1 250 | Common Shares |
| 2007-09-30 | Clark Robert J | Buy | 3 750 | Restricted Share Units |
| INSIDER POWER |
|---|
| 0.00 |
| Last 2 transactions |
| Buy: 5 000 | Sell: 0 |
Forecast:
16:00 - $16.69
Live Trading Signals (every 1 min)
Forecast
1: 16:00 - $16.69
Forecast 2: 16:00 - $16.69
Forecast 3: 16:00 - $16.69
SCORE
10.00
Buy
10.00
Buy
Score Algorithm Version: 1.2C
Last version updated: Fri April 15th, 2022
Last version updated: Fri April 15th, 2022
| Indicator Signals | |
|---|---|
| RSI 21 | |
| SMA | |
| Trend | |
| Trend 2 | |
| Trend 3 | |
| MACD |
| Volume Signals | |
|---|---|
| Price | $16.69 (-0.54% ) |
| Volume | 1.964 mill |
| Avg. Vol. | 2.33 mill |
| % of Avg. Vol | 84.30 % |
| Signal 1: | |
| Signal 2: |
Today
Last 12 Months
RSI
Last 10 Buy & Sell Signals For SCO
0 Signals | Accuracy: 0.00% | Accuracy Buy: 0.00% | Accuracy Sell: 0.00%
Avg return buy: 0.00 % | Avg return sell: 0.00 %
$1 invested is now $1.00 or 0.00% since Coming Soon
| Date | Signal | @ | Closed | % |
|---|
SCO
The fund seeks to meet its investment objective by investing, under normal market conditions, in any one of, or combinations of, Financial Instruments (including swap agreements, futures contracts, forward contracts, and option contracts) based on WTI sweet, light crude oil. It will not invest directly in oil.
Latest News
2024-03-13 12:30:00 - Seeking Alpha
Understanding Bull And Bear Market Cycles With Jon Wolfenbarger
Jon Wolfenbarger aims to help individual investors generate double-digit profits and beat the market in both bull and bear markets.
2024-03-12 16:46:26 - Seeking Alpha
SCO: The 'Short Crude' Play Could Continue To Be Painful
SCO is a double short instrument that returns double the inverse of crude oil futures contracts. I advise against investing in SCO due to my belief that WTI crude is set to rise in the months ahead. My favorable outlook on crude oil means avoiding SCO is likely the right play. I explain why in this review.
2024-02-02 14:51:41 - ETF Trends
Inverse Crude ETFs Rally Amid Rumors of Potential Ceasefire in Middle East
Oil futures and ETFs fell sharply on Thursday, while inverse crude ETFs soared amid rumors of there being a chance to mitigate tensions in the Middle East. Crude traders have been observing how issues in the Middle East are playing out.
2024-01-03 14:07:37 - ETF Trends
Top Performing Leveraged/Inverse ETFs: 12/31/2023
Top Performing Levered/Inverse ETFs Last Week These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.
2023-11-22 22:09:16 - Seeking Alpha
SCO: Shorting Oil Is Too Crowded Of A Trade
ProShares UltraShort Bloomberg Crude Oil ETF is a double short instrument that provides investors with an amplified return on their bet when oil is overbought. Shorting any underlying stock or commodity comes with heightened risks, so caution should be exercised when considering SCO as an investment option. With oil prices dropping and money managers betting on further declines, SCO may seem tempting, but its risks should be carefully considered.
2023-10-10 20:47:38 - ETF Trends
Top Performing Leveraged/Inverse ETFs: 10/08/2023
Top Performing Levered/Inverse ETFs Last Week These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.
2023-06-28 19:53:37 - ETF Trends
Monetary Tightening Concerns Drive Inverse Crude ETFs Higher
Crude oil prices dropped on Tuesday. This pulled crude ETFs lower amid growing concerns that ongoing hawkish monetary tightening will affect global economic activity as the year progresses.
2023-06-06 11:07:23 - Seeking Alpha
SCO ETF: Assessing The Shorting Opportunity After OPEC+
Saudi Arabia's voluntary production cut of one million bpd at the recent OPEC+ meeting can basically be viewed as attempting to create a floor for crude prices by limiting supply. In addition, there are demand-related factors which favor higher prices. However, a recent trade opportunity to Short the ProShares UltraShort Bloomberg Crude Oil ETF (SCO) has elapsed.
2023-05-10 16:43:45 - ETF Trends
Top Performing Leveraged/Inverse ETFs: 05/07/2023
Top Performing Levered/Inverse ETFs Last Week These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.
2023-03-21 14:39:55 - ETF Trends
Top Performing Leveraged/Inverse ETFs: 03/19/2023
Top Performing Levered/Inverse ETFs Last Week These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.