ProShares UltraShort FTSE China 50 (FXP, $31.6) Aroon Indicator entered a Downtrend on April 29, 2024.

A.I.dvisor
at Tickeron.com
04/30/24
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FXP - ProShares UltraShort FTSE China 50
Aroon signal
Bearish Trend
Odds of DOWN Trend
Aroon signal
Price: $31.6
Daily change: -$0.65 (-2.02%)
Daily volume: 4.8K
Net Assets: $14.5M
For the last three days, A.I.dvisor has detected that FXP's AroonDown red line is above 70 while the AroonUp green line is below 30 for three straight days. This move could indicate a strong downtrend ahead for FXP, and traders may view it as a Sell signal for the next month. Traders may consider selling the stock or exploring put options. A.I.dvisor backtested this indicator and found 217 similar cases, of which were successful. Based on this data, the odds of success are
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FXPDaily Signal changed days agoGain/Loss if shorted
 
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Category Trading

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Trading--Inverse Equity
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