Bullish Two Hundred Day Moving Average Cross - WCP

In trading on Thursday, shares of Whitecap Resources Inc (TSX: WCP.TO) crossed above their 200 day moving average of $2.68, changing hands as high as $2.70 per share. Whitecap Resources Inc shares are currently trading up about 5.3% on the day. The chart below shows the one year performance of WCP shares, versus its 200 day moving average:

Whitecap Resources Inc 200 Day Moving Average Chart

Looking at the chart above, WCP's low point in its 52 week range is $0.73 per share, with $5.71 as the 52 week high point — that compares with a last trade of $2.69.

Click here to find out which 9 other Canadian stocks recently crossed above 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.

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