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Wpx Energy Crosses Above its 10-day MA (WPX)

By Amy Schwartz

Wpx Energy (NYSE:WPX) crossed over its 10-day moving average of $12.63 on a volume of 699K shares. This may provide swing traders with an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, Wpx Energy share prices have been bracketed by a low of $9.89 and a high of $20.80 and are now at $12.87, 30% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 0.5% while the 50-day MA has declined 0.2%.

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