RALS Crosses Below Key Moving Average Level

In trading on Wednesday, shares of the Proshares RAFI Long/Short ETF ( RALS) crossed below their 200 day moving average of $42.59, changing hands as low as $42.48 per share. Proshares RAFI Long/Short shares are currently trading down about 0.4% on the day. The chart below shows the one year performance of RALS shares, versus its 200 day moving average:

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Proshares RAFI Long/Short 200 Day Moving Average Chart

Looking at the chart above, RALS's low point in its 52 week range is $40.86 per share, with $43.90 as the 52 week high point — that compares with a last trade of $42.55.

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