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Market Impact: 0.12
ProShares UltraPro MidCap400 Breaks Below 200-Day Moving Average
Source: Nasdaq
Market Technicals & Flows
ProShares UltraPro MidCap400 ETF (UMDD) fell below its 200-day moving average of $31.61, trading as low as $31.51 and down approximately 1.2% on Tuesday. The technical breakdown is a mildly bearish signal for the leveraged mid-cap ETF but is unlikely to have broader market impact.
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Overall Sentiment
mildly negative
Sentiment Score
-0.20
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