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United States Brent Oil Fund L.P. (BNO) Shares Cross Below 200 DMA

By Market News Video Staff, Thursday, September 22, 1:12 PM ET
Play Video: Learn About The 200 DMA


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In trading on Thursday, shares of United States Brent Oil Fund L.P. (AMEX:BNO) crossed below their 200 day moving average of $73.30, changing hands as low as $71.03 per share. United States Brent Oil Fund L.P. shares are currently trading down about 3.2% on the day. The chart below shows the one year performance of BNO shares, versus its 200 day moving average:

United States Brent Oil Fund L.P. 200 Day Moving Average Chart

Looking at the chart above, BNO's low point in its 52 week range is $52.98 per share, with $84.19 as the 52 week high point that compares with a last trade of $71.34.

BNO operates in the Insurance Brokers sector, among companies like Employers Holdings Inc (NYSE:EIG) which is off about 0.9% today, and Meadowbrook Insurance Group Inc (NYSE:MIG) trading lower by about 1.8%. Below is a three month price history chart comparing the stock performance of BNO, versus EIG and MIG.

BNO,EIG,MIG Relative Performance Chart


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United States Brent Oil Fund L.P. (BNO) Shares Cross Below 200 DMA | Market News Video | Copyright © 2008 - 2014, All Rights Reserved

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