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Uptrend Call Working As ProShares UltraPro S&P 500 Stock Rises 17.7% (UPRO)
Jan 17, 2013 (SmarTrend(R) Spotlight via COMTEX) --
SmarTrend identified an Uptrend for ProShares UltraPro S&P 500 (NASDAQ:UPRO) on November 23rd, 2012 at $83.58. In approximately 2 months, ProShares UltraPro S&P 500 has returned 17.68% as of today's recent price of $98.36.
ProShares UltraPro S&P 500 share prices have moved between a 52-week high of $99.33 and a 52-week low of $38.97 and are now trading 152% above that low price at $98.36 per share. Over the last five market days, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has advanced 0.7%.
ProShares UltraPro S&P 500 is an exchange-traded fund incorporated in the USA. The Fund seeks daily investment results, before fees and expenses, that correspond to triple (300%) the daily performance of the S&P 500 Index.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of ProShares UltraPro S&P 500 shares.Log in and add ProShares UltraPro S&P 500 (UPRO) 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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