ProShares UltraShort Dow30 (DXD)

ProShares UltraShort Dow30 is trading at $16.62, up 0.48% on the session. The 50 day average sits at $17.25 and the 200 day at $n/a, which puts the stock in a mixed technical position. RSI is at 41, which reads as weak, and MACD is bearish crossover. Volume is average.

The nearest support is around $15.75 with resistance near $17.35, so that band frames the current range. Average daily movement is roughly $0.34, or about 2.0% of the share price, which is what any stop placement has to allow for. The overall health score of 39 out of 100 combines a trend score of 28, momentum of 29 and a risk score of 71.

The index is a price-weighted index and includes 30 large-cap, "blue-chip" U.S. stocks, excluding utility and transportation companies. Under normal circumstances, the fund will obtain inverse leveraged exposure to at least 80% of its total assets in components of the index or in instruments with similar economic characteristics. The fund is non-diversified.