• Return to Headlines

Parsley Energy-A Crosses Above its 10-day MA (PE)

By David Diaz

Parsley Energy-A (NYSE:PE) crossed over its 10-day moving average of $5.24 on a volume of 1.4 million shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, Parsley Energy-A share prices have been bracketed by a low of $3.92 and a high of $22.11 and are now at $5.49, 40% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 5.7% while the 200-day MA has slid 1.1%.

SmarTrend is monitoring the recent change of momentum in Parsley Energy-A. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Parsley Energy-A in search of a potential trend change.

Keywords: moving crosses parsley energy-a

Ticker(s): PE