ROM Crosses Above Key Moving Average Level

In trading on Monday, shares of the Proshares Ultra Technology ETF ( ROM) crossed above their 200 day moving average of $74.03, changing hands as high as $74.96 per share. Proshares Ultra Technology shares are currently trading up about 3.3% on the day. The chart below shows the one year performance of ROM shares, versus its 200 day moving average:

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Proshares Ultra Technology 200 Day Moving Average Chart

Looking at the chart above, ROM's low point in its 52 week range is $61.22 per share, with $87.18 as the 52 week high point — that compares with a last trade of $74.40.
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