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HDRO Stock Defiance Next Gen H2 ETF (HDRO, $34.78) entered Downtrend as Momentum indicator drops below 0 level on Dec 18, 2024

A.I.dvisor
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HDRO - Defiance Next Gen H2 ETF
Momentum signal
Bearish Trend
Odds of DOWN Trend
Tickeron
Momentum signal
Price: $34.78
Daily change: -$1.41 (-3.9%)
Daily volume: 3.5K
Net Assets: $20.3M
This indicator may be signaling that HDRO'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 51 similar cases where HDRO's Momentum Indicator fell below the 0 level, and of them led to a successful outcome. Odds of Success:
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