OAS Makes Bullish Cross Above Critical Moving Average

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In trading on Tuesday, shares of Oasis Petroleum Inc. (Symbol: OAS) crossed above their 200 day moving average of $43.76, changing hands as high as $44.16 per share. Oasis Petroleum Inc. shares are currently trading up about 3.2% on the day. The chart below shows the one year performance of OAS shares, versus its 200 day moving average: Oasis Petroleum Inc. 200 Day Moving Average Chart

Looking at the chart above, OAS's low point in its 52 week range is $31.58 per share, with $57.33 as the 52 week high point - that compares with a last trade of $43.69.

According to the ETF Finder at ETF Channel, OAS makes up 1.21% of the SPDR S&P Oil & Gas Exploration & Production ETF (Symbol: XOP) which is trading higher by about 1.6% on the day Tuesday.

Click here to find out which 9 other energy stocks recently crossed above 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: OAS , XOP

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As of 4/24/2015, 04:15 PM


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