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Shares of WLL Down 64.3% Since Downtrend Call on Shares

By Shiri Gupta

SmarTrend identified a Downtrend for Whiting Petroleu (NYSE:WLL) on May 2nd, 2019 at $23.86. In approximately 3 months, Whiting Petroleu has returned 64.33% as of today's recent price of $8.51.

Over the past year, Whiting Petroleuhas traded in a range of $8.39 to $55.17 and are now at $8.51. In the last five trading sessions, the 50-day moving average (MA) has fallen 3.4% while the 200-day MA has slid 1.7%.

Whiting Petroleum Corporation engages in the acquisition, exploration, development, and production of crude oil, natural gas liquids, and natural gas primarily in the Rocky Mountains region of the United States. The company sells its oil and gas production to end users, marketers, and other purchasers.

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

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

Keywords: spotlights whiting petroleu

Ticker(s): WLL