Penn Virginia Breaks Above 200-Day Moving Average - Bullish for PVA

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In trading on Friday, shares of Penn Virginia Corp. (Symbol: PVA) crossed above their 200 day moving average of $13.71, changing hands as high as $14.41 per share. Penn Virginia Corp. shares are currently trading up about 6.2% on the day. The chart below shows the one year performance of PVA shares, versus its 200 day moving average: Penn Virginia Corp. 200 Day Moving Average Chart

Looking at the chart above, PVA's low point in its 52 week range is $4.65 per share, with $18.20 as the 52 week high point - that compares with a last trade of $14.24.

According to the ETF Finder at ETF Channel, PVA makes up 1.19% of the SPDR S&P Oil & Gas Exploration & Production ETF (Symbol: XOP) which is trading lower by about 0.6% on the day Friday.

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: PVA , XOP

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