SAA Crosses Below Key Moving Average Level

In trading on Monday, shares of the ProShares Ultra SmallCap600 ETF (Symbol: SAA) crossed below their 200 day moving average of $31.95, changing hands as low as $31.85 per share. ProShares Ultra SmallCap600 shares are currently trading down about 3.2% on the day. The chart below shows the one year performance of SAA shares, versus its 200 day moving average:

Looking at the chart above, SAA's low point in its 52 week range is $22.57 per share, with $38.94 as the 52 week high point — that compares with a last trade of $31.85.

Click here to find out which 9 other ETFs recently crossed below their 200 day moving average »