OXY Makes Bullish Cross Above Critical Moving Average
Posted on Tuesday, May 1, 2012 - 19:56 pmIn trading on Tuesday, shares of Occidental Petroleum Corp (NYSE: OXY) crossed above their 200 day moving average of $92.85, changing hands as high as $93.09 per share. Occidental Petroleum Corp shares are currently trading up about 1.9% on the day. The chart below shows the one year performance of OXY shares, versus its 200 day moving average:
Click here to find out which 9 other stocks recently crossed above their 200 day moving average »

Looking at the chart above, OXY’s low point in its 52 week range is $66.36 per share, with $117.89 as the 52 week high point — that compares with a last trade of $92.95.
According to the ETF Finder at ETF Channel, OXY makes up 15.91% of the iShares Dow Jones U.S. Oil & Gas Exploration & Production Index Fund ETF (AMEX: IEO) which is trading higher by about 1.6% on the day Tuesday.
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