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Wpx Energy Down 4.5% Since SmarTrend Downtrend Call (WPX)

By James Quinn

SmarTrend identified a Downtrend for Wpx Energy (NYSE:WPX) on May 1st, 2019 at $13.62. In approximately 2 weeks, Wpx Energy has returned 4.52% as of today's recent price of $13.00.

Over the past year, Wpx Energy has traded in a range of $9.89 to $20.80 and is now at $13.06, 32% above that low. Over the past week, the 200-day moving average (MA) has gone down 0.8% while the 50-day MA has remained constant.

WPX Energy Inc. is an independent natural gas and oil exploration and production company. The Company is focused on its natural gas reserve base and related NGLs in the Piceance Basin of the Rocky Mountain region, the Bakken Shale oil play in North Dakota, and the Marcellus Shale natural gas play in Pennsylvania.

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

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

Keywords: spotlights wpx energy

Ticker(s): WPX