Decline depth
-36.8%
From rolling 252-day high of $68.13, 54d ago.
Past the 30% Amber threshold.
Red List
UFOProcure Space ETF
-36.8%
from rolling 252-day high of $68.13 set 2026-05-28 · 54d ago
Current
$43.66
Decline depth
-36.8%
Decline σ
7.2σ
TFC
0/5 bearish
Rolling 252-day high
Up day
Down day
Last 90 trading days · data from Alpaca
Since it joined the list
$UFO landed on the list 2026-06-26, down 32.3% from its 52-week high that day — now down -36.8%.
That's 3.2 percentage points deeper than the day it joined.
Decline from the 52-week high as it stood on 2026-06-26 (fixed anchor) → today. Split-adjusted, Alpaca. Observed history, not a forecast.
Structural break signals
UFO qualifies for the Red List on decline depth.
Time-frame continuity
0/5 bearish
Latest bar across daily/weekly/monthly/quarterly/yearly time frames. A bar counts as bearish when it's a 2-Down or a red 3.
Decline sigma
7.2σ
Drop from local high over the last 20 bars, expressed in units of the stock's typical daily volatility (2.43% per day).
Past the ≥6σ Amber threshold.
The structural read
What price action says about UFO.
UFO qualifies for the Red List on decline depth — down -36.8% from its rolling 252-day high. Past 30% with the high set inside the last four months — the recency clause that often precedes further breakdown. Depth plus recency: this is the pattern many investors call a falling knife.
Cross-confirmation: decline sigma also reads 7.2σ over 20 bars.
52-week range
52W low $28.36
38.4% of range
52W high $68.21
Related — same sector
Closest decliners to UFO
Questions about UFO
What people ask.
Why is UFO on Broken Stocks?
UFO qualifies for the Red List on decline depth. It is down -36.8% from its rolling 252-day high of $68.13, set on 2026-05-28 — 54d ago.
Is UFO a falling knife?
By the most common technical definition — a steep, recent breakdown from a fresh high — yes. UFO is down -36.8% from its 52-week high of $68.13, set 54d ago. That combination of depth (past the 30% Amber threshold) and recency (high set inside the last 120 days) is the textbook falling-knife pattern. Whether to try to catch it is a separate question — historically most attempts to bottom-pick continue lower before reversing. Broken Stocks flags the pattern; it does not recommend buying or selling.
Is UFO a buy?
Broken Stocks does not issue buy or sell recommendations. The list is a rules-based technical warning system. It tracks structural decline depth and recency — not company quality, management, fundamentals, or news. Always do your own research and consult a licensed advisor.
Where is UFO trading inside its 52-week range?
At $43.66, UFO sits 38.4% of the way from its 52-week low ($28.36) to its 52-week high ($68.21). A reading below 25% indicates price is hugging the bottom of the range; above 75%, the top.
How fast has UFO been declining?
The current 36.8% decline accrued over 54d, which annualizes to roughly -248.7% per year. Annualized pace is a sanity check — a 30% decline in three months is a different signal than a 30% decline over two years.