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| Obsidian Energy Breaks Above 200-Day Moving Average - Bullish for OBEBy Energy Stock Channel Staff, Thursday, July 27, 11:18 AM ET
In trading on Thursday, shares of Obsidian Energy Ltd (AMEX:OBE) crossed above their 200 day moving average of $6.76, changing hands as high as $6.79 per share. Obsidian Energy Ltd shares are currently trading up about 2.4% on the day. The chart below shows the one year performance of OBE shares, versus its 200 day moving average:
Looking at the chart above, OBE's low point in its 52 week range is $5.33 per share, with $10.33 as the 52 week high point — that compares with a last trade of $6.78. Free Report: Top 8%+ Dividends (paid monthly)
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