SU Makes Notable Cross Below Critical Moving Average

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In trading on Wednesday, shares of Suncor Energy Inc (TSX: SU.TO ) crossed below their 200 day moving average of $49.03, changing hands as low as $48.94 per share. Suncor Energy Inc shares are currently trading off about 2.8% on the day. The chart below shows the one year performance of SU shares, versus its 200 day moving average: Suncor Energy Inc 200 Day Moving Average Chart

Looking at the chart above, SU's low point in its 52 week range is $40.49 per share, with $55.47 as the 52 week high point - that compares with a last trade of $48.95.

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 Nasdaq, Inc.

This article appears in: Investing , Commodities

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