UST Crosses Below Key Moving Average Level

In trading on Friday, shares of the Proshares Ultra 7-10 Year Treasury ETF (UST) crossed below their 200 day moving average of $51.57, changing hands as low as $51.55 per share. Proshares Ultra 7-10 Year Treasury shares are currently trading down about 0.5% on the day. The chart below shows the one year performance of UST shares, versus its 200 day moving average:

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Proshares Ultra 7-10 Year Treasury 200 Day Moving Average Chart

Looking at the chart above, UST's low point in its 52 week range is $48.59 per share, with $59.10 as the 52 week high point — that compares with a last trade of $51.65.

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