ProShares UltraShort Utilities (SDP, $13.86) entered Downtrend as Momentum indicator drops below 0 level on Jul 09, 2025

@Trading, #TechnicalAnalysis, #Momentum, #Bearish, #ETFs
SDP - ProShares UltraShort Utilities
Momentum signal
Bearish Trend
87%
Odds of DOWN Trend
Price: $13.86
Daily change: -$0.25 (-1.77%)
Daily volume: 1.2K
Net Assets: $2.6M

This indicator may be signaling that SDP's price has further to drop, since it fell below its price logged 14 days ago. Traders may consider selling the stock, shorting the stock, or exploring put options. A.I.dvisor backtested 100 similar cases where SDP's Momentum Indicator fell below the 0 level, and 87 of them led to a successful outcome. Odds of Success: 87%.