USO ETF Surpasses Key Moving Average as Oil Market Fluctuates
In trading on Tuesday, shares of the United States Oil Fund LP ETF (Symbol: USO) rose above their 200-day moving average of $75.36, with prices reaching a high of $75.37 per share. Currently, the United States Oil Fund LP shares are seeing an increase of approximately 0.7% for the day. The chart below illustrates the performance of USO shares over the past year compared to its 200-day moving average:
Analyzing the chart, USO’s lowest point in its 52-week range was $65.48 per share, while the highest reached was $83.41. The most recent trade price stands at $75.33.
Click here to find out which 9 other ETFs recently crossed above their 200-day moving average »
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