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

In trading on Friday, shares of Horizons NYMEX Crude Oil ETF (HUC.TO"> HUC.TO) crossed above their 200 day moving average of $10.33, changing hands as high as $10.45 per share. Horizons NYMEX Crude Oil ETF shares are currently trading up about 1.8% 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 $9.17 per share, with $12.17 as the 52 week high point — that compares with a last trade of $10.38.