Direxion Daily FTSE China Bear 3X ETF (YANG, $32.78) entered Downtrend as Momentum indicator drops below 0 level on Jun 23, 2025

@Trading, #TechnicalAnalysis, #Momentum, #Bearish, #ETFs
YANG - Direxion Daily FTSE China Bear 3X ETF
Momentum signal
Bearish Trend
89%
Odds of DOWN Trend
Price: $32.78
Daily change: -$1.52 (-4.42%)
Daily volume: 1M
Net Assets: $260M

This indicator may be signaling that YANG'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 97 similar cases where YANG's Momentum Indicator fell below the 0 level, and 86 of them led to a successful outcome. Odds of Success: 89%.