SZK Stock Tickeron detected bearish ETF Pattern: Wedge Rising SZK on January 27, 2025, netting in a 8.18% gain over 1 month

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+8.18% Gain from a Successful pattern Wedge Rising

SZK - ProShares UltraShort Consumer Staples

Ticker: SZK

Company: ProShares UltraShort Consumer Staples

Gain from shortening: +8.18%

Confirmed: 01/27/25

Succeeded: 02/24/25

Total length: 55 days

On December 31, 2024, A.I.dvisor detected a Wedge Rising Pattern (Bearish) for ProShares UltraShort Consumer Staples (SZK, $12.81). 27 days later, on January 27, 2025, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On February 24, 2025, the stock hit the target price of $11.67 – resulting in a gain for traders who shorted the stock on the pattern detection date.

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