Energy

TOU Crosses Below Key Moving Average Level

In trading on Monday, shares of Tourmaline Oil Corp (TSX: TOU.TO) crossed below their 200 day moving average of $20.42, changing hands as low as $20.28 per share. Tourmaline Oil Corp shares are currently trading off about 1.1% on the day. The chart below shows the one year performance of TOU shares, versus its 200 day moving average:

Tourmaline Oil Corp 200 Day Moving Average Chart

Looking at the chart above, TOU's low point in its 52 week range is $15.84 per share, with $26.19 as the 52 week high point — that compares with a last trade of $20.43.

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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