RSI low/high Values: [ 15 - 80 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of DIG.L
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Green day on Wednesday for PROSHARES ULTRA OIL & GAS PROSHARES stock after gaining 0.360%
(Updated on Mar 27, 2024)

Hold candidate since Mar 26, 2024 Gain 0.36% PDF

The PROSHARES ULTRA OIL & GAS PROSHARES stock price gained 0.360% on the last trading day (Wednesday, 27th Mar 2024), rising from £278.00 to £279.00. During the last trading day the stock fluctuated 1.12% from a day low at £276.00 to a day high of £279.10. The price has risen in 4 of the last 10 days and is up by 0.72% over the past 2 weeks. Volume fell on the last day by -49 thousand shares and in total, 159 thousand shares were bought and sold for approximately £44.49 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stockis at the upper part of a narrow and horizontal trend and normally this may pose a good selling opportunity but a break-up through the top trend line at £279.79 will give a strong buy signal and a trend shift could be expected. Given the current horizontal trend, you can expect PROSHARES ULTRA OIL & GAS PROSHARES stock with a 90% probability to be traded between £266.70 and £277.52 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the top. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

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DIG.L Signals & Forecast

The PROSHARES ULTRA OIL & GAS PROSHARES stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at £276.57 and £274.74. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Tuesday, February 13, 2024, and so far it has risen 3.33%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely.

Support, Risk & Stop-loss for PROSHARES ULTRA OIL & GAS PROSHARES stock

PROSHARES ULTRA OIL & GAS PROSHARES finds support from accumulated volume at £277.00 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved £3.10 between high and low, or 1.12%. For the last week the stock has had daily average volatility of 1.11%.

Our recommended stop-loss: £266.65 (-4.43%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 31 days ago.)

Trading Expectations (DIG.L) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect PROSHARES ULTRA OIL & GAS PROSHARES ULTRA OIL & GAS to open at £278.03, and during the day (based on 14 day Average True Range), to move between £275.74 and £282.26, which gives a possible trading interval of +/-£3.26 (+/-1.17%) up or down from last closing price. If PROSHARES ULTRA OIL & GAS PROSHARES ULTRA OIL & GAS takes out the full calculated possible swing range there will be an estimated 2.34% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at £280.00 (0.36%) than the support at £277.00 (0.72%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is PROSHARES ULTRA OIL & GAS PROSHARES ULTRA OIL & GAS stock A Buy?

PROSHARES ULTRA OIL & GAS PROSHARES holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

Current score: 0.598 Hold/Accumulate Unchanged

Predicted Opening Price for PROSHARES ULTRA OIL & GAS PROSHARES ULTRA OIL & GAS of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
£278.03 ( 0.347%) £279.00

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for DIG.L

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 281.13 0.762 %
R2 279.94 0.338 %
R1 279.21 0.0767 %
Current price: 279.00
Support S1 276.85 -0.771 %
S2 276.12 -1.03 %
S3 274.94 -1.46 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 282.00 1.08 %
R1 280.00 0.358 %
Current price 279.00
Support S1 277.00 -0.717%
S2 274.00 -1.79%
S3 272.00 -2.51%

DIG Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Feb 01, 2024 Feb 01, 2024 Feb 29, 2024 £0.0320 0.0117%
2 Nov 02, 2023 Nov 02, 2023 Nov 02, 2023 £0.0320 0.0122%
3 Aug 03, 2023 Aug 03, 2023 Aug 03, 2023 £0.0320 0.0116%
4 May 04, 2023 May 04, 2023 May 04, 2023 £4.10 1.37%
5 Dec 06, 2022 Feb 02, 2023 Feb 24, 2023 £3.00 1.01%

FAQ

What is the symbol for PROSHARES ULTRA OIL & GAS PROSHARES ULTRA OIL & GAS Stock and on which exchange is it traded?
The symbol for PROSHARES ULTRA OIL & GAS PROSHARES ULTRA OIL & GAS is DIG.L and it is traded on the XLON (London Stock Exchange).

Should I buy or sell PROSHARES ULTRA OIL & GAS PROSHARES ULTRA OIL & GAS Stock?
PROSHARES ULTRA OIL & GAS PROSHARES holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

How to buy PROSHARES ULTRA OIL & GAS PROSHARES ULTRA OIL & GAS Stock?
PROSHARES ULTRA OIL & GAS PROSHARES ULTRA OIL & GAS Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy PROSHARES ULTRA OIL & GAS PROSHARES ULTRA OIL & GAS Stock.

What's the current price of PROSHARES ULTRA OIL & GAS PROSHARES ULTRA OIL & GAS Stock?
As of the end of day on the 2024-03-27, the price of an PROSHARES ULTRA OIL & GAS PROSHARES ULTRA OIL & GAS (DIG.L) share was £279.00.

What is the 52-week high and low for PROSHARES ULTRA OIL & GAS PROSHARES ULTRA OIL & GAS Stock?
The 52-week high for PROSHARES ULTRA OIL & GAS PROSHARES ULTRA OIL & GAS Stock is £309.00 and the 52-week low is £248.97.

What is the market capitalization of PROSHARES ULTRA OIL & GAS PROSHARES ULTRA OIL & GAS Stock?
As of the 2024-03-27, the market capitalization of PROSHARES ULTRA OIL & GAS PROSHARES ULTRA OIL & GAS is 405.094M.

When is the next earnings date for PROSHARES ULTRA OIL & GAS PROSHARES ULTRA OIL & GAS?
The upcoming earnings date for PROSHARES ULTRA OIL & GAS PROSHARES ULTRA OIL & GAS is Apr 04, 2024.
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About PROSHARES ULTRA OIL & GAS PROSHARES ULTRA OIL & GAS

Dunedin Income Growth Investment Trust PLC is a closed ended equity mutual fund launched and managed by Aberdeen Fund Managers Limited. The fund is co-managed by Aberdeen Asset Managers Limited. It invests in the public equity markets of the United Kingdom. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in dividend paying growth stocks of companies across all market capitalizations. The ... DIG.L Profile

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