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Invesco DB Oil Fund Surges Past 200-Day Moving Average, Signaling Bullish Momentum for DBO

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Invesco DB Oil Fund Surges as Shares Cross Key Moving Average

Strong Performance Signals Potential for Investors

In trading on Friday, shares of the Invesco DB Oil Fund ETF (Symbol: DBO) climbed above their 200-day moving average of $14.96, reaching as high as $15.42 per share. Currently, Invesco DB Oil Fund shares are up approximately 4.6% for the day. The following chart illustrates DBO’s performance over the past year, alongside its 200-day moving average:

Invesco DB Oil Fund 200 Day Moving Average Chart

Analyzing the chart, DBO’s lowest point in the past 52 weeks was $13.17, while its highest point reached $16.3699. The latest trade stands at $15.23, indicating a steady position within this range.

nslideshow Click here to discover which 9 other ETFs have recently surpassed their 200-day moving average »

Also see:

• CEL market cap history
• CURV Insider Buying
• Funds Holding RSPM

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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