• Return to Headlines

ProShares UltraPro Short Russell 2000 Bullish Moving Average Crossover Alert (SRTY)

By David Diaz

ProShares UltraPro Short Russell 2000 (NYSE:SRTY) shares have crossed bullishly above their 10-day moving average of $24.72 on a volume of 327K shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.

ProShares UltraPro Short Russell 2000 share prices have moved between a 52-week high of $50.25 and a 52-week low of $22.80 and are now trading 9% above that low price at $24.95 per share. Over the past week, the 200-day moving average (MA) has gone down 0.9% while the 50-day MA has declined 0.9%.

SmarTrend is monitoring the recent change of momentum in ProShares UltraPro Short Russell 2000. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of ProShares UltraPro Short Russell 2000 in search of a potential trend change.

Keywords: moving crosses proshares ultrapro short russell 2000

Ticker(s): SRTY