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EWV Stock ProShares UltraShort MSCI Japan (EWV, $42.06) entered Downtrend as Momentum indicator drops below 0 level on Jan 03, 2025

A.I.dvisor
at Tickeron.com
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EWV - ProShares UltraShort MSCI Japan
Momentum signal
Bearish Trend
Odds of DOWN Trend
Tickeron
Momentum signal
Price: $42.06
Daily change: $0 (0%)
Daily volume: 1.6K
Net Assets: $4.6M
This indicator may be signaling that EWV'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 93 similar cases where EWV's Momentum Indicator fell below the 0 level, and of them led to a successful outcome. Odds of Success:
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General Information

Category Trading

Profile
Fundamentals
Details
Category
Trading--Inverse Equity
Address
ProShares Trust7501 Wisconsin Avenue,Suite 1000Bethesda
Phone
N/A
Web
www.proshares.com