Proshares UltraShort Silver (ZSL) Shares Cross Below 200 DMA

In trading on Monday, shares of the Proshares UltraShort Silver ETF ( ZSL) crossed below their 200 day moving average of $71.86, changing hands as low as $70.81 per share. Proshares UltraShort Silver shares are currently trading off about 3.4% on the day. The chart below shows the one year performance of ZSL shares, versus its 200 day moving average:

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Proshares UltraShort Silver 200 Day Moving Average Chart

Looking at the chart above, ZSL's low point in its 52 week range is $39.45 per share, with $116.25 as the 52 week high point — that compares with a last trade of $71.09.
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