Notable Two Hundred Day Moving Average Cross - DDM

In trading on Monday, shares of the Proshares Ultra Dow30 ETF ( DDM) crossed below their 200 day moving average of $99.85, changing hands as low as $99.01 per share. Proshares Ultra Dow30 shares are currently trading down about 3.8% on the day. The chart below shows the one year performance of DDM shares, versus its 200 day moving average:

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Proshares Ultra Dow30 200 Day Moving Average Chart

Looking at the chart above, DDM's low point in its 52 week range is $78.50 per share, with $115.25 as the 52 week high point — that compares with a last trade of $99.25.

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