MV Oil Trust shares surge 10.81% intraday as stock crosses above 200-day moving average, sparking bullish technical momentum.

MV Oil Trust surged 10.81% intraday after its share price crossed above the 200-day moving average of $12.09 on September 27, 2025, according to MarketBeat. This technical milestone, a widely monitored indicator of long-term price momentum, often signals renewed investor confidence and potential upward trend continuation. The move aligns with recent bullish sentiment highlighted in market analysis, though other news such as dividend announcements and short interest fluctuations over the prior months did not directly correlate to the intraday spike. The crossing of the 200-day moving average appears to have driven immediate trading activity, reflecting traders' focus on technical signals over fundamental developments during the session.