REK crossed below its 200-day moving average of $16.85, trading as low as $16.70 and down about 1.4% on the day. The breach of the 200-day MA is a bearish technical signal for the ProShares Short Real Estate ETF, suggesting weakening momentum in the ETF's short-real-estate positioning.
REK crossed below its 200-day moving average of $16.85, trading as low as $16.70 and down about 1.4% on the day. The breach of the 200-day MA is a bearish technical signal for the ProShares Short Real Estate ETF, suggesting weakening momentum in the ETF's short-real-estate positioning.
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mildly negative
Sentiment Score
-0.20
