PRE Makes Notable Cross Below Critical Moving Average

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In trading on Tuesday, shares of Pacific Rubiales Energy Corp (TSX: PRE.TO ) crossed below their 200 day moving average of $19.44, changing hands as low as $19.37 per share. Pacific Rubiales Energy Corp shares are currently trading off about 4.6% on the day. The chart below shows the one year performance of PRE shares, versus its 200 day moving average: Pacific Rubiales Energy Corp 200 Day Moving Average Chart

Looking at the chart above, PRE's low point in its 52 week range is $14.80 per share, with $23.86 as the 52 week high point - that compares with a last trade of $19.45.

Click here to find out which 9 other Canadian 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

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