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After Yesterday's Decline of 1.62%, Whiting Petroleu Offers Investors Better Value

By Shiri Gupta

Whiting Petroleu (NYSE:WLL) traded in a range yesterday that spanned from a low of $51.25 to a high of $53.14. Yesterday, the shares fell 1.6%, which took the trading range below the 3-day low of $51.92 on volume of 1.5 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.

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

In the past 52 weeks, Whiting Petroleu share prices have been bracketed by a low of $0.99 and a high of $56.47 and are now at $51.36, 5,088% above that low price. The 200-day and 50-day moving averages have moved 2.70% higher and 1.56% higher over the past week, respectively.

Keywords: rebounders whiting petroleu

Ticker(s): WLL