ProShares UltraShort Dow30 (DXD)

ProShares UltraShort Dow30 is trading at $17.68, up 2.43% on the session. The 50 day average sits at $17.30 and the 200 day at $18.61, which puts the stock in a downtrend. RSI is at 45.7, which reads as neutral, and MACD is bearish crossover. Volume is below average.

The nearest support is around $16.89 with resistance near $18.05, so that band frames the current range. Average daily movement is roughly $0.34, or about 1.9% of the share price, which is what any stop placement has to allow for. The overall health score of 46 out of 100 combines a trend score of 23, momentum of 40 and a risk score of 92.

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.