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

By James Quinn

Today, shares of ProShares UltraPro Short Russell 2000 (NYSE:SRTY) have advanced above their 10-day MA of $43.21 on a volume of 283K shares. This may provide swing traders with an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, ProShares UltraPro Short Russell 2000 share prices have been bracketed by a low of $10.13 and a high of $52.09 and are now at $43.34, 328% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 1.5% while the 50-day MA has advanced 0.7%.

SmarTrend is tracking the current trend status for ProShares UltraPro Short Russell 2000 and will alert subscribers who have SRTY in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses proshares ultrapro short russell 2000

Ticker(s): SRTY