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Market Impact: 0.15

ProShares UltraShort Health Care Breaks Below 200-Day Moving Average

Market Technicals & Flows

ProShares UltraShort Health Care ETF (RXD) fell below its 200-day moving average of $10.15, trading as low as $9.96, and was down about 2.6% on the day. The move is a technically bearish signal for the ETF, but the article contains no broader fundamental catalyst or sector-wide development.

Analysis

ProShares UltraShort Health Care ETF (RXD) fell below its 200-day moving average of $10.15, trading as low as $9.96, and was down about 2.6% on the day. The move is a technically bearish signal for the ETF, but the article contains no broader fundamental catalyst or sector-wide development.

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Market Sentiment

Overall Sentiment

mildly negative

Sentiment Score

-0.15