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XPP Stock ProShares Ultra FTSE China 50 (XPP, $14.64) entered Downtrend as Momentum indicator drops below 0 level on Jul 23, 2024

A.I.dvisor
at Tickeron.com
07/24/24
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XPP - ProShares Ultra FTSE China 50
Momentum signal
Bearish Trend
Odds of DOWN Trend
Momentum signal
Price: $14.64
Daily change: -$0.49 (-3.23%)
Daily volume: 6.4K
Net Assets: $13.7M
This indicator may be signaling that XPP'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 94 similar cases where XPP's Momentum Indicator fell below the 0 level, and of them led to a successful outcome. Odds of Success:
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XPP
Daily Signalchanged days ago
Gain/Loss if shorted
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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