ZSL Crosses Above Key Moving Average Level

In trading on Tuesday, shares of the Proshares UltraShort Silver ETF ( ZSL) crossed above their 200 day moving average of $81.40, changing hands as high as $81.50 per share. Proshares UltraShort Silver shares are currently trading up about 3.5% 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 $61.59 per share, with $102.68 as the 52 week high point — that compares with a last trade of $81.03.

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