SDRL Crosses Critical Technical Indicator Thursday, September 11, 11:55 AM ET, by Market News Video Staff In trading on Thursday, shares of Seadrill Ltd (SDRL) entered into oversold territory, changing hands ...
In trading on Wednesday, shares of the Oil Services ETF (AMEX:OIH) crossed above their 200 day moving average of $39.27, changing hands as high as $39.28 per share. Oil Services shares are currently trading up about 0.1% on the day. The chart below shows the one year performance of OIH shares, versus its 200 day moving average:
Looking at the chart above, OIH's low point in its 52 week range is $32.54 per share, with $45.14 as the 52 week high point — that compares with a last trade of $38.85.
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