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Wpx Energy Bearish Moving Average Crossover Alert (WPX)

By Nick Russo

Today, shares of Wpx Energy (NYSE:WPX) have fallen below their 10-day MA of $9.92 on a volume of 1.5 million shares. This may provide short-term investors a chance 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 $8.79 and a high of $16.79 and are now at $9.67, which is 10% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.4% while the 50-day MA has remained constant.

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