Risk Alert for Investors as Shares Gapping Down Pre-Market Open: ProShares UltraShort Gold Miners (:GDXS)

ProShares UltraShort Gold Miners (:GDXS) shares have been recorded gapping down -3.07% between sessions as the stock currently sits at $15.16 before the bell.

A gap is a space between prices that occurs when the price of a stock makes a move down or up when there is no trading happening in between. 

Recent Price History

ProShares UltraShort Gold Miners (:GDXS)’s performance this year to date is -26.74%.  The stock has performed 1.62% over the last seven days, -8.54% over the last thirty, and -9.18% over the last three months.  Over the last six months, ProShares UltraShort Gold Miners’s stock has been 14.41% and 22.19% for the year.

SMA

The simple moving average is the most common method used to calculate the moving average of prices. ProShares UltraShort Gold Miners’s 20-Day Simple Moving Average is -5.19%.  Extending back, their 50-Day Simple Moving Average is -6.28%, looking even further back, their 200-Day Simple Moving Average stands at -13.38%.  

Disclaimer: Nothing contained in this publication is intended to constitute legal, tax, securities, or investment advice, nor an opinion regarding the appropriateness of any investment, nor a solicitation of any type. The general information contained in this publication should not be acted upon without obtaining specific legal, tax, and investment advice from a licensed professional.

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