Occidental Petroleum Breaks Below 200-Day Moving Average - Notable for OXY

By EnergyStockChannel.com,

Shutterstock photo

In trading on Thursday, shares of Occidental Petroleum Corp (Symbol: OXY) crossed below their 200 day moving average of $92.52, changing hands as low as $91.20 per share. Occidental Petroleum Corp shares are currently trading down about 2.5% on the day. The chart below shows the one year performance of OXY shares, versus its 200 day moving average: Occidental Petroleum Corp 200 Day Moving Average Chart

Looking at the chart above, OXY's low point in its 52 week range is $77.21 per share, with $99.42 as the 52 week high point - that compares with a last trade of $92.81.

According to the ETF Finder at ETF Channel, OXY makes up 7.73% of the Unconventional Oil & Gas ETF (Symbol: FRAK) which is trading higher by about 0.1% on the day Thursday.

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: OXY , FRAK

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