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ProShares Online Retail (ONLN) Shares Cross Below 200 DMA

Market Technicals & FlowsConsumer Demand & Retail

ProShares Online Retail ETF (ONLN) fell below its 200-day moving average of $58.14, trading as low as $57.38 and down about 2.2% on the day. The move is a technical bearish signal for the ETF, but the article provides no new fundamental catalyst.

Analysis

ProShares Online Retail ETF (ONLN) fell below its 200-day moving average of $58.14, trading as low as $57.38 and down about 2.2% on the day. The move is a technical bearish signal for the ETF, but the article provides no new fundamental catalyst.

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Market Sentiment

Overall Sentiment

mildly negative

Sentiment Score

-0.15