UDN Makes Bullish Cross Above Critical Moving Average

In trading on Wednesday, shares of the DB US Dollar Bearish Fund ETF ( UDN) crossed above their 200 day moving average of $26.61, changing hands as high as $26.66 per share. DB US Dollar Bearish Fund shares are currently trading up about 0.4% on the day. The chart below shows the one year performance of UDN shares, versus its 200 day moving average:

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DB US Dollar Bearish Fund 200 Day Moving Average Chart

Looking at the chart above, UDN's low point in its 52 week range is $25.49 per share, with $27.63 as the 52 week high point — that compares with a last trade of $26.65.
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