ProShares UltraShort Bloomberg Natural Gas (KOLD)

ProShares UltraShort Bloomberg Natural Gas is trading at $30.45, down 3.34% on the session. The 50 day average sits at $26.03 and the 200 day at $n/a, which puts the stock in a mixed technical position. RSI is at 58.8, which reads as strong, and MACD is bearish crossover. Volume is average.

The nearest support is around $28.90 with resistance near $31.19, so that band frames the current range. Average daily movement is roughly $1.44, or about 4.7% of the share price, which is what any stop placement has to allow for. The overall health score of 62 out of 100 combines a trend score of 75, momentum of 60 and a risk score of 42.

The fund seeks to meet its investment objective by investing in Natural Gas futures contracts. It may also invest in swaps if the market for a specific futures contract experiences emergencies or disruptions (e.g., a trading halt or a flash crash) or in situations where the Sponsor deems it impractical or inadvisable to buy or sell futures contracts (such as during periods of market volatility or illiquidity).