BCEI Makes Notable Cross Below Critical Moving Average
In trading on Monday, shares of Bonanza Creek Energy, Inc. (Symbol: BCEI) crossed below their 200 day moving average of $44.27, changing hands as low as $44.26 per share. Bonanza Creek Energy, Inc. shares are currently trading down about 3.5% on the day. The chart below shows the one year performance of BCEI shares, versus its 200 day moving average:
Looking at the chart above, BCEI's low point in its 52 week range is $32.06 per share, with $57.47 as the 52 week high point - that compares with a last trade of $44.23.
According to the ETF Finder at ETF Channel, BCEI makes up 1.29% of the SPDR S&P Oil & Gas Exploration & Production ETF (Symbol: XOP) which is trading higher by about 0.2% on the day Monday.