DNR Makes Bullish Cross Above Critical Moving Average
In trading on Monday, shares of Denbury Resources, Inc. (Symbol: DNR) crossed above their 200 day moving average of $17.11, changing hands as high as $17.18 per share. Denbury Resources, Inc. shares are currently trading up about 1.6% on the day. The chart below shows the one year performance of DNR shares, versus its 200 day moving average:
Looking at the chart above, DNR's low point in its 52 week range is $15.56 per share, with $19.65 as the 52 week high point - that compares with a last trade of $17.14.
According to the ETF Finder at ETF Channel, DNR makes up 2.53% of the PowerShares Dynamic Energy Exploration & Production Portfolio ETF (Symbol: PXE) which is trading higher by about 1.1% on the day Monday.