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Shares of USD Down 32.4% Since Downtrend Call on Shares

By Nick Russo

SmarTrend identified a Downtrend for Pro Ultra Semicd (AMEX:USD) on May 24th, 2018 at $48.38. In approximately 7 months, Pro Ultra Semicd has returned 32.44% as of today's recent price of $32.68.

Over the past year, Pro Ultra Semicd has traded in a range of $29.31 to $162.32 and is now at $32.68, 11% above that low. Over the past week, the 200-day moving average (MA) has gone down 2% while the 50-day MA has declined 1.7%.

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 changes in momentum for shares of Pro Ultra Semicd.

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

Keywords: spotlights amex:usd pro ultra semicd

Ticker(s): USD