GLL Makes Bullish Cross Above Critical Moving Average
In trading on Wednesday, shares of the ProShares UltraShort Gold ETF (Symbol: GLL) crossed above their 200 day moving average of $25.21, changing hands as high as $26.25 per share. ProShares UltraShort Gold shares are currently trading up about 8% on the day. The chart below shows the one year performance of GLL shares, versus its 200 day moving average:
Looking at the chart above, GLL's low point in its 52 week range is $15.60 per share, with $45.98 as the 52 week high point — that compares with a last trade of $26.30.
Click here to find out which 9 other ETFs recently crossed above their 200 day moving average »
Further GLL Research:
BNK Invest Inc. provides investment services and information. BNK Invest owns and operates a market news family of websites including DividendChannel, ETFChannel, StockOptionsChannel, and others, which make up an investor community featuring stock message boards, ratings, research, and strategies. BNK Invest caters to investing firms and individual investors internationally.