UST Makes Notable Cross Below Critical Moving Average

In trading on Monday, shares of the ProShares Ultra 7-10 Year Treasury ETF (UST) crossed below their 200 day moving average of $56.05, changing hands as low as $55.47 per share. ProShares Ultra 7-10 Year Treasury shares are currently trading off about 1.9% on the day. The chart below shows the one year performance of UST shares, versus its 200 day moving average:

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ProShares Ultra 7-10 Year Treasury 200 Day Moving Average Chart

Looking at the chart above, UST's low point in its 52 week range is $52.48 per share, with $60.35 as the 52 week high point — that compares with a last trade of $55.57.

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