SMN Crosses Above Key Moving Average Level
May 30, 2012 at 15:54 PM EDT
In trading on Wednesday, shares of the Proshares UltraShort Basic Materials ETF (SMN) crossed above their 200 day moving average of $18.14, changing hands as high as $18.16 per share. Proshares UltraShort Basic Materials shares are currently trading up about 4.8% on the day.