Imperial Oil (IMO) Shares Cross Below 200 DMA

In trading on Friday, shares of Imperial Oil Ltd (TSX: IMO.TO) crossed below their 200 day moving average of $58.42, changing hands as low as $57.00 per share. Imperial Oil Ltd shares are currently trading off about 5.6% on the day. The chart below shows the one year performance of IMO shares, versus its 200 day moving average:

Imperial Oil Ltd 200 Day Moving Average Chart

Looking at the chart above, IMO's low point in its 52 week range is $37.22 per share, with $72.96 as the 52 week high point — that compares with a last trade of $57.27.

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.

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