ProShares UltraShort Bloomberg Crude Oil (ASX:SCO) is moving lower ahead of the market open as the stock is gapping down -2.27%. A recent bid puts the equity at $36.34.
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A gap is a space between prices that occurs when the price of a stock makes a move down or up when there is no trading happening in between.
Recent Price History
ProShares UltraShort Bloomberg Crude Oil (ASX:SCO)’s performance this year to date is 17.09%. The stock has performed -0.24% over the last seven days, -17.48% over the last thirty, and -10.42% over the last three months. Over the last six months, ProShares UltraShort Bloomberg Crude Oil’s stock has been 9.84% and -27.67% for the year.
The simple moving average is the most common method used to calculate the moving average of prices. ProShares UltraShort Bloomberg Crude Oil’s 20-Day Simple Moving Average is -8.15%. Extending back, their 50-Day Simple Moving Average is -15.24%, looking even further back, their 200-Day Simple Moving Average stands at -5.25%.
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