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ProShares UltraPro Russell 2000 Has Returned 11.6% Since SmarTrend Recommendation (URTY)

By Shiri Gupta

SmarTrend identified an Uptrend for ProShares UltraPro Russell 2000 (NYSE:URTY) on February 12th, 2014 at $81.20. In approximately 2 weeks, ProShares UltraPro Russell 2000 has returned 11.64% as of today's recent price of $90.65.

ProShares UltraPro Russell 2000 share prices have moved between a 52-week high of $93.61 and a 52-week low of $41.46 and are now trading 119% above that low price at $90.65 per share. Over the past week, the 200-day moving average (MA) has gone up 0.8% while the 50-day MA has advanced 1.0%.

ProShares UltraPro Russell2000 is an exchange-traded fund incorporated in the USA. The Fund seeks investment results which correspond to three times (300%) the daily performance of the Russell 2000 Index.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of ProShares UltraPro Russell 2000 shares.

Log in and add ProShares UltraPro Russell 2000 (URTY) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights proshares ultrapro russell 2000

Ticker(s): URTY