Proshares Ultra SmallCap600 Breaks Below 200-Day Moving Average - Notable for SAA

In trading on Monday, shares of the Proshares Ultra SmallCap600 ETF ( SAA) crossed below their 200 day moving average of $103.47, changing hands as low as $102.41 per share. Proshares Ultra SmallCap600 shares are currently trading off about 2.1% on the day. The chart below shows the one year performance of SAA shares, versus its 200 day moving average:

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Proshares Ultra SmallCap600 200 Day Moving Average Chart

Looking at the chart above, SAA's low point in its 52 week range is $82.39 per share, with $114.50 as the 52 week high point — that compares with a last trade of $103.00.