Proshares UltraShort Basic Materials (SMN) Shares Cross Above 200 DMA

In trading on Wednesday, shares of the Proshares UltraShort Basic Materials ETF (SMN) crossed above their 200 day moving average of $57.66, changing hands as high as $57.80 per share. Proshares UltraShort Basic Materials shares are currently trading up about 2.9% on the day. The chart below shows the one year performance of SMN shares, versus its 200 day moving average:

START SLIDESHOW:
Click here to find out which 9 other ETFs recently crossed above their 200 day moving average »

Proshares UltraShort Basic Materials 200 Day Moving Average Chart

Looking at the chart above, SMN's low point in its 52 week range is $48.34 per share, with $79.44 as the 52 week high point — that compares with a last trade of $57.23.

null

More from Stocks

Tyson Foods CEO: We Aren't Done Making Deals

Tyson Foods CEO: We Aren't Done Making Deals

Dow Drops Over 100 Points on Trade War Worries

Dow Drops Over 100 Points on Trade War Worries

Warren Buffett at Age 87 Still Does One Amazing Thing That Drives Success

Warren Buffett at Age 87 Still Does One Amazing Thing That Drives Success

Amazon, Nvidia, Micron and 10 Other Stocks to Own in June

Amazon, Nvidia, Micron and 10 Other Stocks to Own in June

3 Great Stocks for Retirees to Own

3 Great Stocks for Retirees to Own