XEC Makes Notable Cross Below Critical Moving Average

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In trading on Wednesday, shares of Cimarex Energy Co (Symbol: XEC) crossed below their 200 day moving average of $110.11, changing hands as low as $109.55 per share. Cimarex Energy Co shares are currently trading off about 2.4% on the day. The chart below shows the one year performance of XEC shares, versus its 200 day moving average: Cimarex Energy Co 200 Day Moving Average Chart

Looking at the chart above, XEC's low point in its 52 week range is $89.49 per share, with $146.96 as the 52 week high point - that compares with a last trade of $109.97.

According to the ETF Finder at ETF Channel, XEC makes up 5.77% of the First Trust Natural Gas ETF (Symbol: FCG) which is trading lower by about 3% on the day Wednesday.

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 Symbols: XEC , FCG

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