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TOO Crosses Above Key Moving Average Level

By Energy Stock Channel Staff, Wednesday, June 6, 11:18 AM ET
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In trading on Wednesday, shares of Teekay Offshore Partners L.P. (NYSE:TOO) crossed above their 200 day moving average of $27.60, changing hands as high as $27.72 per share. Teekay Offshore Partners L.P. shares are currently trading up about 1.2% on the day. The chart below shows the one year performance of TOO shares, versus its 200 day moving average:

Teekay Offshore Partners L.P. 200 Day Moving Average Chart

Looking at the chart above, TOO's low point in its 52 week range is $22.01 per share, with $30.44 as the 52 week high point — that compares with a last trade of $27.22.


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According to the ETF Finder at ETF Channel, TOO makes up 3.30% of the Dynamic Oil & Gas Services Portfolio ETF (AMEX:PXJ) which is trading up by about 2.2% on the day Wednesday.

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