EUO Makes Bullish Cross Above Critical Moving Average

In trading on Wednesday, shares of the Proshares UltraShort Euro ETF (EUO) crossed above their 200 day moving average of $19.73, changing hands as high as $19.83 per share. Proshares UltraShort Euro shares are currently trading up about 1.1% on the day. The chart below shows the one year performance of EUO 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 Euro 200 Day Moving Average Chart

Looking at the chart above, EUO's low point in its 52 week range is $17.56 per share, with $23.04 as the 52 week high point — that compares with a last trade of $19.82.

null

More from Stocks

Jim Cramer: 4 Stocks Could Get Throttled By a 'Knock Down Drag Out' With China

Jim Cramer: 4 Stocks Could Get Throttled By a 'Knock Down Drag Out' With China

3 Warren Buffett Stock Picks That Could Be Perfect for Your Retirement Portfolio

3 Warren Buffett Stock Picks That Could Be Perfect for Your Retirement Portfolio

50 Stocks That Could Be Shredded If a U.S. Trade War With China Ignites

50 Stocks That Could Be Shredded If a U.S. Trade War With China Ignites

Why Starbucks Latest Data Reveal Should Worry Investors

Why Starbucks Latest Data Reveal Should Worry Investors

Salesforce Is Hitting on All Cylinders as Shares Notch an All-Time High

Salesforce Is Hitting on All Cylinders as Shares Notch an All-Time High