DIG Makes Notable Cross Below Critical Moving Average

In trading on Wednesday, shares of the Proshares Ultra Oil & Gas ETF (DIG) crossed below their 200 day moving average of $48.33, changing hands as low as $48.00 per share. Proshares Ultra Oil & Gas shares are currently trading off about 3.7% on the day. The chart below shows the one year performance of DIG shares, versus its 200 day moving average:

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Proshares Ultra Oil & Gas 200 Day Moving Average Chart

Looking at the chart above, DIG's low point in its 52 week range is $34.07 per share, with $56.68 as the 52 week high point — that compares with a last trade of $48.76.

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