In trading on Monday, shares of the ProShares UltraShort S&P500 ETF (Symbol: SDS) crossed below their 200 day moving average of $74.13, changing hands as low as $72.94 per share. ProShares UltraShort S&P500 shares are currently trading off about 2.8% on the day. The chart below shows the one year performance of SDS shares, versus its 200 day moving average:
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Looking at the chart above, SDS's low point in its 52 week range is $65.71 per share, with $141.55 as the 52 week high point — that compares with a last trade of $74.16.
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Click here to find out which 9 other ETFs recently crossed below their 200 day moving average »
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
