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Obsidian Energy Breaks Below 200-Day Moving Average - Notable for OBE

By Energy Stock Channel Staff, Tuesday, October 18, 11:29 AM ET
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In trading on Tuesday, shares of Obsidian Energy Ltd (AMEX:OBE) crossed below their 200 day moving average of $8.07, changing hands as low as $7.99 per share. Obsidian Energy Ltd shares are currently trading down about 1.6% on the day. The chart below shows the one year performance of OBE shares, versus its 200 day moving average:

Obsidian Energy Ltd 200 Day Moving Average Chart

Looking at the chart above, OBE's low point in its 52 week range is $3.07 per share, with $12.52 as the 52 week high point — that compares with a last trade of $8.03.


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