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Uptrend Call Working As ProShares Ultra Russell2000 Growth Stock Rises 15.9% (UKK)
Jan 10, 2013 (SmarTrend(R) Spotlight via COMTEX) --
SmarTrend identified an Uptrend for ProShares Ultra Russell2000 Growth (NYSE:UKK) on November 27th, 2012 at $46.32. In approximately 1 month, ProShares Ultra Russell2000 Growth has returned 15.86% as of today's recent price of $53.66.
Over the past year, ProShares Ultra Russell2000 Growth has traded in a range of $37.90 to $54.18 and is now at $53.66, 42% above that low. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.5% while the 200-day MA has remained constant.
Ultra Russell2000 Growth 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 Russell 2000 Growth 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 Russell2000 Growth shares.Log in and add ProShares Ultra Russell2000 Growth (UKK) 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
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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
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