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18.5% Return Seen to Date on SmarTrend ProShares Ultra Russell MidCap Growth Call (UKW)
Feb 04, 2013 (SmarTrend(R) Spotlight via COMTEX) --
SmarTrend identified an Uptrend for ProShares Ultra Russell MidCap Growth (NYSE:UKW) on November 30th, 2012 at $52.35. In approximately 2 months, ProShares Ultra Russell MidCap Growth has returned 18.53% as of today's recent price of $62.05.
Over the past year, ProShares Ultra Russell MidCap Growth has traded in a range of $42.50 to $62.06 and is now at $62.05, 46% above that low. The 200-day and 50-day moving averages have moved 0.72% higher and 1.80% higher over the past week, respectively.
Ultra Russell MidCap 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 MidCap 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 Russell MidCap Growth shares.Log in and add ProShares Ultra Russell MidCap Growth (UKW) 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
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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