USO Breaks Below 200-Day Moving Average - Notable for USO

In trading on Wednesday, shares of the USO ETF (Symbol: USO) crossed below their 200 day moving average of $11.72, changing hands as low as $11.58 per share. USO shares are currently trading down about 2.8% on the day. The chart below shows the one year performance of USO shares, versus its 200 day moving average:

USO 200 Day Moving Average Chart

Looking at the chart above, USO's low point in its 52 week range is $9.23 per share, with $16.24 as the 52 week high point — that compares with a last trade of $11.65.

Click here to find out which 9 other ETFs 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 Nasdaq, Inc.

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