Crescent Point Energy Breaks Above 200-Day Moving Average - Bullish for CPG
In trading on Tuesday, shares of Crescent Point Energy Corp (TSX: CPG.TO) crossed above their 200 day moving average of $4.36, changing hands as high as $4.49 per share. Crescent Point Energy Corp shares are currently trading up about 6.3% on the day. The chart below shows the one year performance of CPG shares, versus its 200 day moving average:
Looking at the chart above, CPG's low point in its 52 week range is $3.24 per share, with $8.58 as the 52 week high point — that compares with a last trade of $4.46.
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