UPV Makes Notable Cross Below Critical Moving Average

In trading on Friday, shares of the Proshares Ultra Europe ETF ( UPV) crossed below their 200 day moving average of $33.65, changing hands as low as $33.34 per share. Proshares Ultra Europe shares are currently trading down about 3% on the day. The chart below shows the one year performance of UPV shares, versus its 200 day moving average:

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

Proshares Ultra Europe 200 Day Moving Average Chart

Looking at the chart above, UPV's low point in its 52 week range is $21.69 per share, with $39.71 as the 52 week high point — that compares with a last trade of $33.34.

If you liked this article you might like

UPV Crosses Critical Technical Indicator

8 More ETFs Join Deathwatch in December