Bullish Two Hundred Day Moving Average Cross - SRS

In trading on Tuesday, shares of the Proshares UltraShort Real Estate ETF ( SRS) crossed above their 200 day moving average of $21.83, changing hands as high as $22.07 per share. Proshares UltraShort Real Estate shares are currently trading up about 2.1% on the day. The chart below shows the one year performance of SRS shares, versus its 200 day moving average:

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Proshares UltraShort Real Estate 200 Day Moving Average Chart

Looking at the chart above, SRS's low point in its 52 week range is $16.84 per share, with $28.31 as the 52 week high point — that compares with a last trade of $22.05.
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