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NRGD Stock MicroSectors™ US Big Oil -3X Ivs Lgd ETN (NRGD, $165.5) entered Downtrend as Momentum indicator drops below 0 level on Jul 19, 2024

A.I.dvisor
at Tickeron.com
07/20/24
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NRGD - MicroSectors™ US Big Oil -3X Ivs Lgd ETN
Momentum signal
Bearish Trend
Odds of DOWN Trend
Momentum signal
Price: $165.5
Daily change: -$0.36 (-0.22%)
Daily volume: 5.6K
Net Assets: $80.7M
This indicator may be signaling that NRGD'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 69 similar cases where NRGD's Momentum Indicator fell below the 0 level, and of them led to a successful outcome. Odds of Success:
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NRGD
Daily Signalchanged days ago
Gain/Loss if shorted
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