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TMCNet:  Uptrend Call Working As ProShares Ultra Semiconductors Stock Rises 18.4% (USD)

[February 04, 2013]

Uptrend Call Working As ProShares Ultra Semiconductors Stock Rises 18.4% (USD)

Feb 04, 2013 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for ProShares Ultra Semiconductors (NYSE:USD) on December 10th, 2012 at $29.32. In approximately 2 months, ProShares Ultra Semiconductors has returned 18.37% as of today's recent price of $34.70.


In the past 52 weeks, shares of ProShares Ultra Semiconductors have traded between a low of $25.40 and a high of $46.46 and are now at $34.70, which is 37% above that low price. The 200-day and 50-day moving averages have moved 0.61% lower and 2.37% higher over the past week, respectively.

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

Write to Chip Brian at cbrian@mysmartrend.com --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup

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