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Shares of QLD Up 17.6% Since Uptrend Call on Shares

By Amy Schwartz

SmarTrend identified an Uptrend for ProShares Ultra QQQ (AMEX:QLD) on July 7th, 2016 at $72.40. In approximately 3 months, ProShares Ultra QQQ has returned 17.56% as of today's recent price of $85.11.

In the past 52 weeks, shares of ProShares Ultra QQQ have traded between a low of $55.00 and a high of $155.04 and are now at $85.11, which is 55% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.4% while the 50-day MA has advanced 0.5%.

Ultra QQQ 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 NASDAQ-100 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 QQQ shares.

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

Keywords: spotlights amex:qld proshares ultra qqq

Ticker(s): QLD