UCO Crosses Above Key Moving Average Level
ETF Channel Staff - Thursday, January 17, 11:36 AMIn trading on Thursday, shares of the Proshares Ultra DJ-UBS Crude Oil ETF (UCO) crossed above their 200 day moving average of $31.65, changing hands as high as $31.87 per share. Proshares Ultra DJ-UBS Crude Oil shares are currently trading up about 2.9% on the day. The chart below shows the one year performance of UCO shares, versus its 200 day moving average:
Looking at the chart above, UCO's low point in its 52 week range is $23.13 per share, with $49.86 as the 52 week high point — that compares with a last trade of $31.74.
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