Notable Two Hundred Day Moving Average Cross – PAM

Shutterstock photo

In trading on Monday, shares of Pampa Energia SA (Symbol: PAM) crossed below their 200 day moving average of $62.51, changing hands as low as $61.56 per share. Pampa Energia SA shares are currently trading off about 3.3% on the day. The chart below shows the one year performance of PAM shares, versus its 200 day moving average: Pampa Energia SA 200 Day Moving Average Chart

Looking at the chart above, PAM’s low point in its 52 week range is $45.24 per share, with $72.98 as the 52 week high point – that compares with a last trade of $63.04. According to the ETF Finder at ETF Channel, PAM makes up 4.75% of the MSCI Argentina ETF (Symbol: ARGT) which is trading lower by about 1.4% on the day Monday.

Click here to find out which 9 other energy stocks recently crossed below their 200 day moving average »

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

No Comments

Post A Comment