• Return to Headlines

Bullish Moving Average Cross by Helix Energy Sol (HLX)

By Shiri Gupta

Today, shares of Helix Energy Sol (NYSE:HLX) have advanced above their 10-day MA of $6.43 on a volume of 1.0 million shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Helix Energy Sol share prices have moved between a 52-week high of $11.87 and a 52-week low of $4.82 and are now trading 45% above that low price at $7.01 per share. Over the past week, the 200-day moving average (MA) has gone down 1.2% while the 50-day MA has advanced 6.2%.

SmarTrend is monitoring the recent change of momentum in Helix Energy Sol. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Helix Energy Sol in search of a potential trend change.

Keywords: moving crosses helix energy sol

Ticker(s): HLX