WCP Crosses Below Key Moving Average Level
In trading on Monday, shares of Whitecap Resources Inc (TSX: WCP.TO ) crossed below their 200 day moving average of $8.89, changing hands as low as $8.73 per share. Whitecap Resources Inc shares are currently trading off about 4.5% on the day. The chart below shows the one year performance of WCP shares, versus its 200 day moving average:
Looking at the chart above, WCP's low point in its 52 week range is $7.40 per share, with $10.355 as the 52 week high point - that compares with a last trade of $8.78.