Tuesday, June 23, 2026
HomeETFsProShares UltraShort Bloomberg Crude Oil Breaks Above 200-Day Moving Average - Bullish...

ProShares UltraShort Bloomberg Crude Oil Breaks Above 200-Day Moving Average – Bullish for SCO

In trading on Thursday, shares of the ProShares UltraShort Bloomberg Crude Oil ETF (Symbol: SCO) crossed above their 200 day moving average of $14.78, changing hands as high as $28.40 per share. ProShares UltraShort Bloomberg Crude Oil shares are currently trading off about 2.2% on the day. The chart below shows the one year performance of SCO shares, versus its 200 day moving average:

ProShares UltraShort Bloomberg Crude Oil 200 Day Moving Average Chart

Looking at the chart above, SCO’s low point in its 52 week range is $22.84 per share, with $85.84 as the 52 week high point — that compares with a last trade of $26.95.

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

Further SCO Research:

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

www.nasdaq.com

RELATED ARTICLES

Most Popular

Recent Comments