Horizons NYMEX Crude Oil ETF Breaks Above 200-Day Moving Average - Bullish for HUC

In trading on Thursday, shares of Horizons NYMEX Crude Oil ETF (TSX: HUC.TO) crossed above their 200 day moving average of $10.68, changing hands as high as $10.72 per share. Horizons NYMEX Crude Oil ETF shares are currently trading trading flat on the day. The chart below shows the one year performance of HUC shares, versus its 200 day moving average:

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Horizons NYMEX Crude Oil ETF 200 Day Moving Average Chart

Looking at the chart above, HUC's low point in its 52 week range is $9.56 per share, with $11.12 as the 52 week high point — that compares with a last trade of $10.56.

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