ProShares UltraShort Bloomberg Crude Oil (NYSEARCA:SCO) Share Price Cross Above 200 Day Moving Average – What’s Next?

ProShares UltraShort Bloomberg Crude Oil (NYSEARCA:SCOGet Free Report)’s stock price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $17.53 and traded as high as $17.77. ProShares UltraShort Bloomberg Crude Oil shares last traded at $17.67, with a volume of 646,425 shares.

ProShares UltraShort Bloomberg Crude Oil Price Performance

The stock has a 50 day moving average of $18.04 and a two-hundred day moving average of $17.53.

ProShares UltraShort Bloomberg Crude Oil Company Profile

(Get Free Report)

The ProShares UltraShort Bloomberg Crude Oil (SCO) is an exchange-traded fund that is based on the Bloomberg WTI Crude Oil Subindex index. The fund provides -2x the daily return of an index of futures contracts on light sweet crude oil. SCO was launched on Nov 24, 2008 and is managed by ProShares.

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