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ProShares Ultra Semiconductors Has Returned 16.8% Since SmarTrend Recommendation (USD)May 18, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified a Downtrend for ProShares Ultra Semiconductors (NYSE:USD) on April 9th, 2012 at $41.67. In approximately 1 month, ProShares Ultra Semiconductors has returned 16.80% as of today's recent price of $34.67. In the past 52 weeks, ProShares Ultra Semiconductors share prices have been bracketed by a low of $26.18 and a high of $47.52 and are now at $34.67, 32% above that low price. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has declined 1%. 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 changes in momentum for shares of ProShares Ultra Semiconductors. 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 [email protected] --------------------------------------------------------------------------------------------- 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 |
