UGL Makes Notable Cross Below Critical Moving Average
In trading on Tuesday, shares of the ProShares Ultra Gold ETF (Symbol: UGL) crossed below their 200 day moving average of $56.01, changing hands as low as $55.01 per share. ProShares Ultra Gold shares are currently trading down about 2.9% on the day. The chart below shows the one year performance of UGL shares, versus its 200 day moving average:
Looking at the chart above, UGL's low point in its 52 week range is $33.5201 per share, with $90.40 as the 52 week high point — that compares with a last trade of $55.56.
Never miss the next high-yield opportunity: Preferred Stock Alerts sends timely, actionable picks on income-producing preferred stocks and baby bonds, straight to your inbox.
Click here to find out which 9 other ETFs recently crossed below their 200 day moving average »
Also see:
Ken Griffin Stock Picks Institutional Holders of OILU
Precious Metals Dividend Stocks
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.