• Return to Headlines

ProShares Ultra Semiconductors Up 11.0% Since SmarTrend Uptrend Call (USD)

By David Diaz

SmarTrend identified an Uptrend for ProShares Ultra Semiconductors (NYSE:USD) on December 10th, 2012 at $29.32. In approximately 1 month, ProShares Ultra Semiconductors has returned 10.99% as of today's recent price of $32.54.

Over the past year, ProShares Ultra Semiconductors has traded in a range of $25.40 to $46.46 and is now at $32.54, 28% above that low. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.3% while the 200-day MA has slid 0.9%.

Ultra Semiconductor ProShares is an exchange-traded fund incorporated in the USA. The Fund seeks daily investment results that correspond to twice (200%) the daily performance of the Dow Jones U.S. Semiconductor Index.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of ProShares Ultra Semiconductors shares.

Log in and add ProShares Ultra Semiconductors (USD) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights proshares ultra semiconductors

Ticker(s): USD