Proshares Ultra Utilities (UPW) Shares Cross Below 200 DMA

In trading on Wednesday, shares of the Proshares Ultra Utilities ETF (UPW) crossed below their 200 day moving average of $78.07, changing hands as low as $76.73 per share. Proshares Ultra Utilities shares are currently trading off about 2.1% 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 $62.07 per share, with $94.35 as the 52 week high point — that compares with a last trade of $77.15.

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