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Sandridge Energy, Inc. Breaks Above 200-Day Moving Average - Bullish for SD

By Energy Stock Channel Staff, Friday, December 7, 11:46 AM ET
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In trading on Friday, shares of Sandridge Energy, Inc. (NYSE:SD) crossed above their 200 day moving average of $6.87, changing hands as high as $7.12 per share. Sandridge Energy, Inc. shares are currently trading up about 4.7% on the day. The chart below shows the one year performance of SD shares, versus its 200 day moving average:

Sandridge Energy, Inc. 200 Day Moving Average Chart

Looking at the chart above, SD's low point in its 52 week range is $4.81 per share, with $9.04 as the 52 week high point — that compares with a last trade of $7.20.

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According to the ETF Finder at ETF Channel, SD makes up 1.81% of the Daily Natural Gas Related Bull 3x Shares ETF (AMEX:GASL) which is trading higher by about 0.8% on the day Friday.

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