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:

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

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.
null

If you liked this article you might like

ProShares Ultra Oil & Gas (DIG) Enters Oversold Territory

ProShares Ultra Oil & Gas (DIG) Enters Oversold Territory

Shares Of DIG Now Oversold

Shares Of DIG Now Oversold

[video] Buy Energy Stocks on Crude Drop

[video] Buy Energy Stocks on Crude Drop

[video] Quick Take: Now's the Time to Buy Energy

[video] Quick Take: Now's the Time to Buy Energy

Now's The Time To Buy Energy

Now's The Time To Buy Energy