Oceaneering International Breaks Above 200-Day Moving Average - Bullish for OII

In trading on Tuesday, shares of Oceaneering International, Inc. (Symbol: OII) crossed above their 200 day moving average of $18.33, changing hands as high as $18.37 per share. Oceaneering International, Inc. shares are currently trading up about 3.7% on the day. The chart below shows the one year performance of OII shares, versus its 200 day moving average:

Oceaneering International, Inc. 200 Day Moving Average Chart

Looking at the chart above, OII's low point in its 52 week range is $10.74 per share, with $28.62 as the 52 week high point — that compares with a last trade of $18.31.

Click here to find out which 9 other energy 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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