Proshares UltraPro QQQ Breaks Below 200-Day Moving Average - Notable For TQQQ

Tickers in this article: TQQQ
In trading on Thursday, shares of the Proshares UltraPro QQQ ETF crossed below their 200 day moving average of $55.60, changing hands as low as $55.26 per share. Proshares UltraPro QQQ shares are currently trading off about 4.9% on the day. The chart below shows the one year performance of TQQQ shares, versus its 200 day moving average:

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Proshares UltraPro QQQ 200 Day Moving Average Chart

Looking at the chart above, TQQQ's low point in its 52 week range is $41.19 per share, with $66.05 as the 52 week high point — that compares with a last trade of $55.82.