USO Breaks Above 200-Day Transferring Common – Bullish for USO

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USO Breaks Above 200-Day Transferring Common – Bullish for USO

In buying and selling on Monday, shares of the USO ETF (Image: USO) crossed above their 200 day shi


In buying and selling on Monday, shares of the USO ETF (Image: USO) crossed above their 200 day shifting common of $11.91, altering palms as excessive as $11.94 per share. USO shares are presently buying and selling up about 1.8% on the day. The chart beneath exhibits the one 12 months efficiency of USO shares, versus its 200 day shifting common:

USO 200 Day Moving Average Chart

Wanting on the chart above, USO’s low level in its 52 week vary is $9.23 per share, with $13.855 because the 52 week excessive level — that compares with a final commerce of $11.91.

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

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