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OIH Makes Bullish Cross Above Critical Moving Average

By Market News Video Staff, Wednesday, December 5, 12:05 PM ET
Play Video: Learn About The 200 DMA

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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:

Oil Services 200 Day Moving Average Chart

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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