ProShares UltraPro Short Dow30 (SDOW, $18.38) entered Downtrend as Momentum indicator drops below 0 level on May 01, 2024

A.I.dvisor
at Tickeron.com
05/02/24
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SDOW - ProShares UltraPro Short Dow30
Momentum signal
Bearish Trend
Odds of DOWN Trend
Momentum signal
Price: $18.38
Daily change: -$0.08 (-0.43%)
Daily volume: 20.7M
Net Assets: $322.2M
This indicator may be signaling that SDOW'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 77 similar cases where SDOW's Momentum Indicator fell below the 0 level, and of them led to a successful outcome. Odds of Success:
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SDOWDaily Signal changed days agoGain/Loss if shorted
 
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General Information

Category Trading

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Trading--Inverse Equity
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ProShares Trust7501 Wisconsin Avenue,Suite 1000Bethesda
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www.proshares.com