REK Stock ProShares Short Real Estate (REK, $16.99) entered Downtrend as Momentum indicator drops below 0 level on Jun 05, 2025

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REK - ProShares Short Real Estate

Momentum signal

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Odds of DOWN Trend

Price: $16.99

Daily change: +$0.06 (+0.34%)

Daily volume: 6.3K

Net Assets: $11.4M

REK in downward trend: price dove below 50-day moving average on May 27, 2025

REK moved below its 50-day moving average on May 27, 2025 date and that indicates a change from an upward trend to a downward trend. In of 39 similar past instances, the stock price decreased further within the following month. The odds of a continued downward trend are .

Technical Analysis (Indicators)

Bearish Trend Analysis

Following a 3-day decline, the stock is projected to fall further. Considering past instances where REK declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

The Aroon Indicator for REK entered a downward trend on May 21, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Bullish Trend Analysis

The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 59 cases where REK's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Momentum Indicator moved above the 0 level on June 17, 2025. You may want to consider a long position or call options on REK as a result. In of 80 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for REK just turned positive on June 17, 2025. Looking at past instances where REK's MACD turned positive, the stock continued to rise in of 44 cases over the following month. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where REK advanced for three days, in of 290 cases, the price rose further within the following month. The odds of a continued upward trend are .