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WPX Energy Bearish Moving Average Crossover Alert (WPX)

By Shiri Gupta

Today, shares of WPX Energy (NYSE:WPX) have crossed bearishly below their 10-day moving average of $9.66 on a volume of 4.2 million shares. This may provide swing traders with an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

In the past 52 weeks, shares of WPX Energy have traded between a low of $2.53 and a high of $14.65 and are now at $9.36, which is 270% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.3% while the 50-day MA has advanced 5.9%.

SmarTrend is tracking the current trend status for WPX Energy and will alert subscribers who have WPX in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses wpx energy

Ticker(s): WPX