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Shares of MUR Up 17.0% Since Uptrend Call on Shares

By Amy Schwartz

SmarTrend identified an Uptrend for Murphy Oil Corp (NYSE:MUR) on January 7th, 2019 at $25.74. In approximately 2 months, Murphy Oil Corp has returned 17.02% as of today's recent price of $30.12.

Murphy Oil Corp share prices have moved between a 52-week high of $36.53 and a 52-week low of $21.51 and are now trading 40% above that low price at $30.12 per share. The 200-day and 50-day moving averages have moved 0.05% lower and 1.95% higher over the past week, respectively.

Murphy Oil Corporation is a worldwide oil and gas exploration and production company with refining and marketing operations in the United States and the United Kingdom. The Company also has exploration and production activities in countries that include United States, Canada, the United Kingdom, Malaysia, and Ecuador. Murphy Oil has retail operations as well in the United States.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Murphy Oil Corp shares.

Log in and add Murphy Oil Corp (MUR) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights murphy oil corp

Ticker(s): MUR