• Return to Headlines

ProShares Ultra Technology Has Returned 20.6% Since SmarTrend Recommendation (ROM)

By David Diaz

SmarTrend identified an Uptrend for ProShares Ultra Technology (NYSE:ROM) on July 11th, 2016 at $78.32. In approximately 3 months, ProShares Ultra Technology has returned 20.58% as of today's recent price of $94.43.

Over the past year, ProShares Ultra Technology has traded in a range of $29.01 to $167.30 and is now at $94.43, 226% above that low. Over the last five market days, the 200-day moving average (MA) has gone down 0.3% while the 50-day MA has advanced 0.4%.

Ultra Technology 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. Technology 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 Technology shares.

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

Keywords: spotlights proshares ultra technology

Ticker(s): ROM