VLO Makes Notable Cross Below Critical Moving Average

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In trading on Friday, shares of Valero Energy Corp. (Symbol: VLO) crossed below their 200 day moving average of $50.54, changing hands as low as $50.53 per share. Valero Energy Corp. shares are currently trading trading flat on the day. The chart below shows the one year performance of VLO shares, versus its 200 day moving average: Valero Energy Corp. 200 Day Moving Average Chart

Looking at the chart above, VLO's low point in its 52 week range is $33.20 per share, with $59.69 as the 52 week high point - that compares with a last trade of $50.91.

According to the ETF Finder at ETF Channel, VLO makes up 4.64% of the PowerShares Dynamic Energy Exploration & Production Portfolio ETF (Symbol: PXE) which is trading up by about 0.5% 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: VLO , PXE

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As of 1/30/2015, 04:15 PM


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