HP Makes Notable Cross Below Critical Moving Average

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In trading on Friday, shares of Helmerich & Payne, Inc. (Symbol: HP) crossed below their 200 day moving average of $98.69, changing hands as low as $98.48 per share. Helmerich & Payne, Inc. shares are currently trading down about 0.8% on the day. The chart below shows the one year performance of HP shares, versus its 200 day moving average: Helmerich & Payne, Inc. 200 Day Moving Average Chart

Looking at the chart above, HP's low point in its 52 week range is $62.39 per share, with $118.95 as the 52 week high point - that compares with a last trade of $99.23.

According to the ETF Finder at ETF Channel, HP makes up 3.66% of the Oil Services ETF (Symbol: OIH) which is trading lower by about 0.8% on the day Friday.

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 The NASDAQ OMX Group, Inc.



This article appears in: Investing , Commodities

Referenced Stocks: HP , OIH

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