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

Written on Fri, 11/23/2012 - 6:45pm
By Amy Schwartz

SmarTrend identified a Downtrend for ProShares UltraPro Russell 2000 (NYSE:URTY) on September 26th, 2012 at $68.59. In approximately 2 months, ProShares UltraPro Russell 2000 has returned 11.58% as of today's recent price of $60.64.

In the past 52 weeks, shares of ProShares UltraPro Russell 2000 have traded between a low of $37.12 and a high of $76.89 and are now at $60.64, which is 63% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has remained constant.

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 changes in momentum for shares of ProShares UltraPro Russell 2000.

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

Contact Amy Schwartz



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