ProShares Ultra Industrials (UXI, $32.05) entered Downtrend as Momentum indicator drops below 0 level on Apr 30, 2024

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05/01/24

UXI - ProShares Ultra Industrials

Momentum signal

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Odds of DOWN Trend

Price: $32.05

Daily change: -$1.01 (-3.05%)

Daily volume: 380

Net Assets: $24.5M

This indicator may be signaling that UXI'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 72 similar cases where UXI's Momentum Indicator fell below the 0 level, and of them led to a successful outcome. Odds of Success:

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