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ProShares UltraShort Momentum Indicators Average Directional Movement Index Rating

PR
SDD -- USA Etf  

USD 13.16  1.49  10.17%

ProShares UltraShort momentum-indicators tool provides you with the Momentum Indicators execution environment for running Average Directional Movement Index Rating indicator against ProShares UltraShort. Momentum indicators of ProShares UltraShort are pattern recognition functions that provide distinct formation on ProShares UltraShort potential trading signals or future price movement. Analysts can use these trading signals to identify current and future trends and trend reversals to provide buy and sell recommendations. Please specify Time Period to run this model.
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The output start index for this execution was fifty-eight with a total number of output elements of three. The Average Directional Movement Index Rating (ADXR) is equal to the current ADX plus the ADX from (N) bars ago divided by 2. It is the average of the two ADX values. The ADXR of ProShares UltraShort is less responsive then the ADX, and filters out excessive tops and bottoms. To interpret ProShares UltraShort ADXR value, consider a high number to be a strong trend, and a low number, a weak trend. View also all equity analysis or get more info about average directional movement index rating momentum indicators indicator.

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