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 »



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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