ProShares Ultra S&P500 (SSO, $70.87) Aroon Indicator entered a Downtrend on April 30, 2024.

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05/01/24

SSO - ProShares Ultra S&P500

Aroon signal

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Odds of DOWN Trend

Price: $70.87

Daily change: -$2.32 (-3.17%)

Daily volume: 3.2M

Net Assets: $4.2B

For the last three days, A.I.dvisor has detected that SSO'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 SSO, 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 114 similar cases, of which were successful. Based on this data, the odds of success are

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