Bullish Two Hundred Day Moving Average Cross - UCO

In trading on Friday, shares of the Proshares Ultra DJ-UBS Crude Oil ETF ( UCO) crossed above their 200 day moving average of $30.01, changing hands as high as $30.23 per share. Proshares Ultra DJ-UBS Crude Oil shares are currently trading up about 3.7% on the day. The chart below shows the one year performance of UCO shares, versus its 200 day moving average:

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Proshares Ultra DJ-UBS Crude Oil 200 Day Moving Average Chart

Looking at the chart above, UCO's low point in its 52 week range is $23.13 per share, with $44.40 as the 52 week high point — that compares with a last trade of $30.20.
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