UWM Stock ProShares Ultra Russell2000 (UWM, $36.53) Aroon Indicator entered a Downtrend on June 17, 2024.

A.I.dvisor
at Tickeron.com
06/18/24
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UWM - ProShares Ultra Russell2000
Aroon signal
Bearish Trend
Odds of DOWN Trend
Aroon signal
Price: $36.53
Daily change: +$0.58 (+1.61%)
Daily volume: 593.1K
Net Assets: $194M
For the last three days, A.I.dvisor has detected that UWM'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 UWM, 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 158 similar cases, of which were successful. Based on this data, the odds of success are
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General Information

Category Trading

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