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Oasis Petroleum Shares Down 7.3% Since SmarTrend's Sell Call (OAS)

By David Diaz

SmarTrend identified a Downtrend for Oasis Petroleum (NYSE:OAS) on May 1st, 2019 at $5.93. In approximately 2 weeks, Oasis Petroleum has returned 7.34% as of today's recent price of $5.49.

In the past 52 weeks, shares of Oasis Petroleum have traded between a low of $4.74 and a high of $14.57 and are now at $5.49, which is 16% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 0.4% while the 200-day MA has slid 1.2%.

Oasis Petroleum Inc., an independent exploration and production company, focuses on the acquisition and development of onshore unconventional oil and natural gas resources in the North Dakota and Montana regions of the Williston Basin and the Texas region of the Delaware Basin, respectively.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Oasis Petroleum.

Log in and add Oasis Petroleum (OAS) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights oasis petroleum

Ticker(s): OAS