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Houston American Energy Corp. Breaks Below 200-Day Moving Average - Bearish for HUSA

By Market News Video Staff, Monday, November 7, 11:34 AM ET
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In trading on Monday, shares of Houston American Energy Corp. (AMEX:HUSA) crossed below their 200 day moving average of $16.10, changing hands as low as $15.78 per share. Houston American Energy Corp. shares are currently trading down about 2% on the day. The chart below shows the one year performance of HUSA shares, versus its 200 day moving average:

Houston American Energy Corp. 200 Day Moving Average Chart

Looking at the chart above, HUSA's low point in its 52 week range is $12.50 per share, with $20.90 as the 52 week high point — that compares with a last trade of $15.98.

HUSA operates in the Oil & Gas Exploration & Production sector, among companies like EQT Corp. (NYSE:EQT) which is off about 1.7% today, and Noble Corp (NYSE:NE) trading lower by about 1.4%. Below is a three month price history chart comparing the stock performance of HUSA, versus EQT and NE.

HUSA,EQT,NE Relative Performance Chart


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This Article's Word Cloud:   American   Below   Corp   Energy   HUSA   Houston   Investment   Moving   NYSE   Noble   Portfolio   Their   about   above   allows   among   asset   average   below   bonds   chart   classes   companies   complete   completely   countries   currently   designed   growth   hands   history   leads   moving   operates   performance   point   portfolio   price   program   range   raquo   share   shares   short   stocks   terms   trading   versus   week   with
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