RVE Hard Assets Producers Breaks Above 200-Day Moving Average - Bullish for HAP
ETF Channel Staff - Tuesday, August 7, 3:52 PMIn trading on Tuesday, shares of the RVE Hard Assets Producers ETF (HAP) crossed above their 200 day moving average of $34.96, changing hands as high as $35.04 per share. RVE Hard Assets Producers shares are currently trading up about 1.3% on the day. The chart below shows the one year performance of HAP shares, versus its 200 day moving average:
Looking at the chart above, HAP's low point in its 52 week range is $29.12 per share, with $38.43 as the 52 week high point — that compares with a last trade of $34.89.
Special Offer: Add income and energy exposure to your portfolio with a 30 day free trial to Frank Bifulco's Oil & Gas Income Portfolio