Key stats
About ProShares Ultra Bloomberg Natural Gas
Home page
Inception date
Oct 4, 2011
Structure
Commodities Pool
Replication method
Synthetic
Dividend treatment
Distributes
Distribution tax treatment
No distributions
Income tax type
60/40
Max ST capital gains rate
27.84%
Max LT capital gains rate
27.84%
Primary advisor
ProShare Advisors LLC
Distributor
SEI Investments Distribution Co.
BOIL is a leveraged ETF, and like all geared products, is intended to be held only short periods, its not appropriate for buy-and-hold investors. BOIL provides 2x the return of a futures-based natural gas index on a daily basis. Daily compounding of returns can lead to the fund's returns varying significantly from the 2x exposure to the index over longer holding periods. Index returns reflect both the price changes on its futures contracts as well as any gain or loss from rolling those futures contracts. BOIL is a tactical tool, so trading costs and volume matter.
Classification
What's in the fund
Exposure type
Cash
Bonds, Cash & Other100.00%
Cash100.00%
Top 10 holdings
BOIL from $8.86 to $10MODs have suggested that I provide more detail about the picks I make.
Sorry. I'm not as verbose as y'all, and I don't like things to be complicated.
My trading plan is very simple.
I buy or sell at top & bottom of parallel channels.
I confirm when price hits Fibonacci levels.
Bonus if a TTM Sq
Bloomberg Natural Gas (BOIL)Asset Class: Indices
Income Type: Daily
Symbol: BOIL
Trade Type: Long
Trends:
Short Term: Up
Long Term: UP
Trade idea:
-Price rejection from a major Daily demand zone, forming an upward channel.
-Waited for a demand zone to form on a lower time frame (30m) .
-TP set at the SZs with a 7:1
BOIL breaking Resistance is $12.83 nextHere's a quick analysis of the BOIL (ProShares Ultra Bloomberg Natural Gas) chart:
1. **Current Price Movement**: BOIL has shown some volatility, with recent fluctuations indicating a potential consolidation phase.
2. **Support and Resistance Levels**:
- **Support**: The immediate support level
Swing Trading Strategies Part 1: Trend ContinuationIn this two-part series, we’ll explore straightforward yet effective swing trading strategies. Part 1 focuses on a classic trend continuation strategy designed to capitalise on established market trends.
Understanding the Trend Continuation Strategy
The trend continuation strategy is built on t
BOIL in strong downtrendBOIL is in a strong downtrend.
The daily chart has hit a new low
But the 1-hour chart has now become "extended"
Remember there are 5 waves in an average trend. Once the trend becomes extended, the price likes to break above the 50 SMA to "recalculate" and continue or "recalculate" and reverse.
BOIL trends up continuation expected LONGBOIL is here on a 30 minute chart. It has reversed this week and ascended 13% with a double
bottom at 13 and 13.25 forming a resing support trendline. Volumes changed from selling
to buying. Price bounced off the ATR- stop loss in its pullback and now appears poised to
break through the moving
BOIL is about to make a big move this springThis stock is deeply oversold on the daily, weekly and monthly charts.
As you can see, it's about to squeeze out of this long downtrend.
We all know BOIL is not a long-term hold because of its futures rolling decay; but this year it could be a huge winner with Natural Gas near it's all-time lows
BOIL: Set for a Potential Bullish Reversal at Bullish Shark PCZNatural Gas on an intra-week basis seems to be in a position to Bullishly Reverse as it sits at the PCZ of a potential Bullish Shark with slight Bullish Divergence near the previous month's low. My target will be anywhere between $16 and $20 though it could always go higher.
BOIL- Premarket Long Trade Scalp RecapsBOIL is here on the 15- minute chart with a set of Bollinger Bands, a Bollinger Band Oscillator by
LuxAlgo as well as a dual-time frame RSI indicator by Chris Moody. The settings for the Bollinger
Band set up are period 49 EMA 14 standard deviations 2 /2.618 ( These are multiples of 7 and
Fib #
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Related funds
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
BOIL trades at 49.13 USD today, its price has fallen −9.98% in the past 24 hours. Track more dynamics on BOIL price chart.
BOIL net asset value is 57.19 today — it's risen 18.65% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
BOIL assets under management is 219.21 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
BOIL price has risen by 3.55% over the last month, and its yearly performance shows a −47.62% decrease. See more dynamics on BOIL price chart.
NAV returns, another gauge of an ETF dynamics, showed a −31.36% decrease in three-month performance and has decreased by −39.69% in a year.
NAV returns, another gauge of an ETF dynamics, showed a −31.36% decrease in three-month performance and has decreased by −39.69% in a year.
BOIL fund flows account for −31.81 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
BOIL invests in cash. See more details in our Analysis section.
BOIL expense ratio is 0.95%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
Yes, BOIL is a leveraged ETF, meaning it uses borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, BOIL technical analysis shows the sell rating and its 1-week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating BOIL shows the sell signal. See more of BOIL technicals for a more comprehensive analysis.
Today, BOIL technical analysis shows the sell rating and its 1-week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating BOIL shows the sell signal. See more of BOIL technicals for a more comprehensive analysis.
No, BOIL doesn't pay dividends to its holders.
BOIL trades at a premium (0.92%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
BOIL shares are issued by ProShare Advisors LLC
BOIL follows the Bloomberg Natural Gas. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Oct 4, 2011.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.