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ProShares UltraPro Short S&P500 (SPXU) Enters Oversold Territory
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ProShares UltraPro Short S&P500 (SPXU) Shares Cross Above 200 DMA

By Dividend Channel Staff, Thursday, December 6, 10:59 AM ET
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In trading on Thursday, shares of the ProShares UltraPro Short S&P500 ETF (NYSE:SPXU) crossed above their 200 day moving average of $38.40, changing hands as high as $41.13 per share. ProShares UltraPro Short S&P500 shares are currently trading up about 5.3% on the day. The chart below shows the one year performance of SPXU shares, versus its 200 day moving average:

ProShares UltraPro Short S&P500 200 Day Moving Average Chart

Looking at the chart above, SPXU's low point in its 52 week range is $31.39 per share, with $52.28 as the 52 week high point that compares with a last trade of $40.69.


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