Invesco DB Oil Fund Breaks Above 200-Day Moving Average - Bullish for DBO
ETF Channel Staff - Friday, October 25, 3:52 PMIn trading on Friday, shares of the Invesco DB Oil Fund ETF (DBO) crossed above their 200 day moving average of $10.03, changing hands as high as $10.04 per share. Invesco DB Oil Fund shares are currently trading up about 0.8% on the day. The chart below shows the one year performance of DBO shares, versus its 200 day moving average:
Looking at the chart above, DBO's low point in its 52 week range is $8.07 per share, with $12.65 as the 52 week high point — that compares with a last trade of $10.03.
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