ENI Crosses Below Key Moving Average Level

By EnergyStockChannel.com,

Shutterstock photo

In trading on Tuesday, shares of ENI S.p.A. (Symbol: E) crossed below their 200 day moving average of $49.61, changing hands as low as $49.22 per share. ENI S.p.A. shares are currently trading off about 2.8% on the day. The chart below shows the one year performance of E shares, versus its 200 day moving average: ENI S.p.A. 200 Day Moving Average Chart

Looking at the chart above, E's low point in its 52 week range is $43.79 per share, with $55.70 as the 52 week high point - that compares with a last trade of $49.49.

According to the ETF Finder at ETF Channel, E makes up 1.84% of the BLDRS Europe Select ADR Index Fund ETF (Symbol: ADRU) which is trading lower by about 1.2% on the day Tuesday.

Click here to find out which 9 other energy stocks recently crossed below their 200 day moving average »

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: Investing Commodities
Referenced Stocks: E , ADRU

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