UPV Makes Bullish Cross Above Critical Moving Average

In trading on Monday, shares of the Proshares Ultra FTSE Europe ETF ( UPV) crossed above their 200 day moving average of $51.60, changing hands as high as $52.30 per share. Proshares Ultra FTSE Europe shares are currently trading up about 2.4% on the day. The chart below shows the one year performance of UPV shares, versus its 200 day moving average:

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Proshares Ultra FTSE Europe 200 Day Moving Average Chart

Looking at the chart above, UPV's low point in its 52 week range is $38.19 per share, with $57.90 as the 52 week high point — that compares with a last trade of $52.05.

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