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Notable Two Hundred Day Moving Average Cross – UGE

In trading on Thursday, shares of the ProShares Ultra Consumer Staples ETF (Symbol: UGE) crossed below their 200 day moving average of $18.49, changing hands as low as $18.39 per share. ProShares Ultra Consumer Staples shares are currently trading off about 3.9% on the day. The chart below shows the one year performance of UGE shares, versus its 200 day moving average:

ProShares Ultra Consumer Staples 200 Day Moving Average Chart

Looking at the chart above, UGE’s low point in its 52 week range is $15.74 per share, with $22.26 as the 52 week high point — that compares with a last trade of $18.39.

Click here to find out which 9 other ETFs recently crossed below their 200 day moving average »

Further UGE Research:

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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