TSO Makes Notable Cross Below Critical Moving Average

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In trading on Wednesday, shares of Tesoro Corporation (Symbol: TSO) crossed below their 200 day moving average of $51.82, changing hands as low as $51.38 per share. Tesoro Corporation shares are currently trading off about 1.8% 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 $51.76.

According to the ETF Finder at ETF Channel, TSO makes up 2.04% of the Guggenheim S&P 500 Equal Weight Energy ETF (Symbol: RYE) which is trading lower by about 0.7% on the day Wednesday.

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



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



This article appears in: Investing , Commodities

Referenced Stocks: TSO , RYE

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