Bullish Case: Recent rise and institutional interest suggest momentum, yet historical long-term performance indicates potential for a bullish correction.


Bearish Case: Long-term historical downtrend and flat price action suggest structural weakness in UCO, increasing the likelihood of a bearish trend.


Potential Outcomes:

1. Short-term momentum leads to price spike: 25%.

2. Mean reversion causes price stabilization: 50%.

3. Long-term bearish trend prevails further decline: 25%.


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February 22, 2024


ProShares Ultra Bloomberg Crude Oil Forecast

[UCO]  ProShares Ultra Bloomberg Crude Oil
Price Forecast: NEUTRAL    Price Action: RANDOM (?)



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UCO Balanced News:
















Correlated Stock Forecasts

Assets that tend to move strongly with UCO



USO Forecast + Options Trading Strategies   [USO]  United States Commodity Funds (0.99)


BNO Forecast + Options Trading Strategies   [BNO]  United States Commodity Funds LLC - United States Brent Crude Oil (0.98)


USL Forecast + Options Trading Strategies   [USL]  United States Commodity Funds LLC - United States 12 Month Oil (0.97)


XLE Forecast + Options Trading Strategies   [XLE]  Energy Select Sector SPDR (0.91)


HAL Forecast + Options Trading Strategies   [HAL]  Halliburton (0.9)



Uncorrelated Stock Forecasts

Assets with little price relationship to UCO



SRTY Forecast + Options Trading Strategies   [SRTY]  ProShares UltraPro Short Russell2000 (0.0)


NVS Forecast + Options Trading Strategies   [NVS]  Novartis (0.0)


TMUS Forecast + Options Trading Strategies   [TMUS]  T-Mobile US (-0.0)


RXRX Forecast + Options Trading Strategies   [RXRX]  Recursion Pharmaceuticals (-0.0)


CRI Forecast + Options Trading Strategies   [CRI]  Carters (0.0)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against UCO



IPG Forecast + Options Trading Strategies   [IPG]  Interpublic Group Of Cos. (-0.7)


LW Forecast + Options Trading Strategies   [LW]  Lamb Weston (-0.74)


PRFT Forecast + Options Trading Strategies   [PRFT]  Perficient (-0.75)


EEFT Forecast + Options Trading Strategies   [EEFT]  Euronet Worldwide (-0.77)


TGTX Forecast + Options Trading Strategies   [TGTX]  TG Therapeutics (-0.8)


UCO News over Time





Click points to explore news by date. News sentiment ranges from -10 (very negative) to +10 (very positive) where 0 is neutral.

Most Recent UCO News






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