Markets

Petrobras Argentina Breaks Above 200-Day Moving Average - Bullish for PZE

In trading on Friday, shares of Petrobras Argentina SA (Symbol: PZE) crossed above their 200 day moving average of $6.23, changing hands as high as $6.40 per share. Petrobras Argentina SA shares are currently trading up about 17.1% on the day. The chart below shows the one year performance of PZE shares, versus its 200 day moving average:

Petrobras Argentina SA 200 Day Moving Average Chart

Looking at the chart above, PZE's low point in its 52 week range is $4.66 per share, with $7.28 as the 52 week high point - that compares with a last trade of $6.52.

According to the ETF Finder at ETF Channel, PZE makes up 2.40% of the MSCI Argentina ETF (Symbol: ARGT) which is trading relatively unchanged on the day Friday.

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.


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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