GDXD Stock MicroSectors™ Gold Mns 3X Inv Lvrgd ETN (GDXD, $25.15) entered Downtrend as Momentum indicator drops below 0 level on May 06, 2024

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05/07/24

GDXD - MicroSectors™ Gold Mns 3X Inv Lvrgd ETN

Momentum signal

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Odds of DOWN Trend

Price: $25.15

Daily change: -$1.84 (-6.82%)

Daily volume: 685.6K

Net Assets: $37.7M

This indicator may be signaling that GDXD's price has further to drop, since it fell below its price logged 14 days ago. Traders may consider selling the stock, shorting the stock, or exploring put options. A.I.dvisor backtested 55 similar cases where GDXD's Momentum Indicator fell below the 0 level, and of them led to a successful outcome. Odds of Success:

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