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SZK Stock Tickeron detected bearish ETF Pattern: Broadening Wedge Ascending SZK on May 19, 2025, netting in a 7.13% gain over 6 days

A.I.dvisor
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+7.13% Gain from a Successful pattern Broadening Wedge Ascending
SZK - ProShares UltraShort Consumer Staples
Tickeron
Ticker: SZK
Company: ProShares UltraShort Consumer Staples
Gain from shorting: +7.13%
Confirmed: 05/19/25
Succeeded: 05/20/25
Total length: 6 days
On May 14, 2025, A.I.dvisor detected a Broadening Wedge Ascending Pattern (Bearish) for ProShares UltraShort Consumer Staples (SZK, $12.38). 5 days later, on May 19, 2025, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On May 20, 2025, the stock hit the target price of $11.50 – resulting in a gain for traders who shorted the stock on the pattern detection date.
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General Information

Category Trading

Profile
Fundamentals
Details
Category
Trading--Inverse Equity
Address
ProShares Trust7501 Wisconsin Avenue,Suite 1000Bethesda
Phone
N/A
Web
www.proshares.com