SDP Crosses Above Key Moving Average Level
ETF Channel Staff - Tuesday, December 4, 4:02 PMIn trading on Tuesday, shares of the Proshares UltraShort Utilities ETF (SDP) crossed above their 200 day moving average of $29.93, changing hands as high as $29.95 per share. Proshares UltraShort Utilities shares are currently trading up about 0.4% on the day. The chart below shows the one year performance of SDP shares, versus its 200 day moving average:
Looking at the chart above, SDP's low point in its 52 week range is $26.13 per share, with $35.12 as the 52 week high point — that compares with a last trade of $29.95.
Special Offer: Find out what Dave Moenning is holding in the ETF Channel Flexible Growth Investment Portfolio with 30 Days Free.