DB Energy Fund Breaks Above 200-Day Moving Average - Bullish For DBE

Tickers in this article: DBE
In trading on Monday, shares of the DB Energy Fund ETF crossed above their 200 day moving average of $28.14, changing hands as high as $28.32 per share. DB Energy Fund shares are currently trading up about 1% on the day. The chart below shows the one year performance of DBE shares, versus its 200 day moving average:

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DB Energy Fund 200 Day Moving Average Chart

Looking at the chart above, DBE's low point in its 52 week range is $23.39 per share, with $30.00 as the 52 week high point — that compares with a last trade of $28.26.