UPW Crosses Below Key Moving Average Level

In trading on Wednesday, shares of the Proshares Ultra Utilities ETF ( UPW) crossed below their 200 day moving average of $64.28, changing hands as low as $64.10 per share. Proshares Ultra Utilities shares are currently trading off about 1.7% on the day. The chart below shows the one year performance of UPW shares, versus its 200 day moving average:

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Proshares Ultra Utilities 200 Day Moving Average Chart

Looking at the chart above, UPW's low point in its 52 week range is $50.57 per share, with $77.90 as the 52 week high point — that compares with a last trade of $64.65.
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