ProShares Ultra MSCI Brazil Capped Breaks Below 200-Day Moving Average - Notable for UBR

ProShares Ultra MSCI Brazil Capped Breaks Below 200-Day Moving Average – Notable for UBR

In trading on Thursday, shares of the ProShares Ultra MSCI Brazil Capped ETF (Symbol: UBR) crossed below their 200 day moving average of $32.95, changing hands as low as $32.61 per share. ProShares Ultra MSCI Brazil Capped shares are currently trading off about 2.5% on the day. The chart below shows the one year performance of UBR shares, versus its 200 day moving average:

Looking at the chart above, UBR’s low point in its 52 week range is $20.79 per share, with $43.88 as the 52 week high point — that compares with a last trade of $32.62.

Further UBR Research:

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