Notable Two Hundred Day Moving Average Cross - UWM

In trading on Monday, shares of the Proshares Ultra Russell2000 ETF ( UWM) crossed below their 200 day moving average of $83.10, changing hands as low as $82.27 per share. Proshares Ultra Russell2000 shares are currently trading down about 1.4% on the day. The chart below shows the one year performance of UWM shares, versus its 200 day moving average:

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Proshares Ultra Russell2000 200 Day Moving Average Chart

Looking at the chart above, UWM's low point in its 52 week range is $67.97 per share, with $92.46 as the 52 week high point — that compares with a last trade of $82.84.

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