Ultrashort Russell Midcap Growth (SDK) goes negative by breaking below intraday moving average 2012/12/19 14:18
The intraday price for Ultrashort Russell Midcap Growth has moved below its 200 period 30 minute moving average of 33.16. SDK is around 31.44 bucks now. Going below the moving average deepens the negative trend.
The price is already below support of $34.66.
Other stocks to watch – these have a positive correlation with Ultrashort Russell Midcap Growth:
(SIJ.NV) with a correlation of 95.49%
SOCIETE GENERALE ACCEPTANCE NV CALL WTS 19/12/08LA (SK98) with a correlation of 96.23%
(SR62) with a correlation of 96.03%
(XULS) with a correlation of 96.55%
For the math geeks and quants – the most recent Slope: -1.5 Intercept: 34.66 close: 31.44