ZJO Makes Notable Cross Below Critical Moving Average

In trading on Monday, shares of BMO Junior Oil Index ETF (TSX: ZJO.TO) crossed below their 200 day moving average of $26.97, changing hands as low as $26.78 per share. BMO Junior Oil Index ETF shares are currently trading down about 1% on the day. The chart below shows the one year performance of ZJO shares, versus its 200 day moving average:

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BMO Junior Oil Index ETF 200 Day Moving Average Chart

Looking at the chart above, ZJO's low point in its 52 week range is $22.80 per share, with $31.00 as the 52 week high point — that compares with a last trade of $27.03.

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