ProShares UltraShort Dow 30 DXD
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Relative Strength Index (RSI)
- The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It is typically used to identify overbought or oversold conditions in financial markets.
- The RSI is calculated using the following formula:
RSI = 100 - (100 / (1 + RS))
Where RS is the ratio of the average gains to the average losses over a specified period.
- The default time period used is 14 days.
- RSI values range between 0 and 100.
RSI values above 70 are considered overbought (indicating a potentially opportune time to sell)
RSI values below 30 are considered oversold (indicating a potentially opportune time to buy)
RSI is not a perfect indicator and should be used in conjunction with other technical analysis tools, this is for informational purposes only and is not a substitute for professional financial advice.
About
ProShares UltraShort Dow 30 (DXD) Investment Strategy and Portfolio Holdings Overview
The fund invests in financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the fund's investment objective. The index is a price-weighted index and includes 30 large-cap, "blue-chip" U.S. stocks, excluding utility and transportation companies. The fund is non-diversified.
Key Insights
ProShares UltraShort Dow 30 (DXD) Essential ETF Metrics and Performance Data
Latest Closing Price
$26.49Market Cap
$50.66 MillionAverage Trade Volume
1,168,993 SharesTotal Outstanding Shares
2.16 Million SharesInception Date
July 13, 2006Primary Exchange
New York Stock Exchange Archipelago
Short Volume
Daily short volume activity identifies short-term trading pressure and potential price volatility
Revenue Breakdown
Distribution of revenue across unique business segments & geographies
Historical Stock Splits
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