TSO Crosses Above Key Moving Average Level

By EnergyStockChannel.com,

Shutterstock photo

In trading on Wednesday, shares of Tesoro Corporation (Symbol: TSO) crossed above their 200 day moving average of $52.42, changing hands as high as $52.65 per share. Tesoro Corporation shares are currently trading up about 2% on the day. The chart below shows the one year performance of TSO shares, versus its 200 day moving average: Tesoro Corporation 200 Day Moving Average Chart

Looking at the chart above, TSO's low point in its 52 week range is $40.90 per share, with $65.75 as the 52 week high point - that compares with a last trade of $52.58.

According to the ETF Finder at ETF Channel, TSO makes up 2.38% of the Dynamic Energy Exploration & Production Portfolio ETF (Symbol: PXE) which is trading lower by about 0.4% on the day Wednesday.

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

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

This article appears in: Investing Commodities
Referenced Stocks: TSO , PXE

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