Proshares UltraShort MSCI Japan Breaks Above 200-Day Moving Average - Bullish for EWV
ETF Channel Staff - Tuesday, October 2, 3:50 PMIn trading on Tuesday, shares of the Proshares UltraShort MSCI Japan ETF (EWV) crossed above their 200 day moving average of $34.63, changing hands as high as $34.88 per share. Proshares UltraShort MSCI Japan shares are currently trading up about 1.3% on the day. The chart below shows the one year performance of EWV shares, versus its 200 day moving average:
Looking at the chart above, EWV's low point in its 52 week range is $29.64 per share, with $42.31 as the 52 week high point — that compares with a last trade of $34.85.
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