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How Is YPF Trading Versus Its Key Moving Averages?

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YPF’s 20-day and 100-day moving averages

On March 4, YPF’s (YPF) 20-day moving average crossed above its 100-day moving average, reflecting a strong rising trend in the stock. When a short-term moving average moves above a long-term moving average, it is considered a bullish sign for the stock.

YPF was trading 8% above its 100-day moving average on March 4. YPF is presently trading 41% below its 52-week high and 49% above its 52-week low. On a YTD (year-to-date) basis, the stock has risen 19.7%. The integrated oil and gas companies shown in the chart above have risen 8% YTD on average.

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ExxonMobil’s (XOM) 20-day moving average moved above its 100-day moving average on February 12. XOM has risen 1.6% since then. XOM was trading 3.4% above its 100-day moving average and 1.1% above its 20-day moving average on March 4. Imperial Oil (IMO), Chevron Corporation (CVX), and Statoil’s (STO) 20-day moving averages were approaching their respective 100-day moving averages on March 4, indicating a general rising trend in the energy industry. IMO’s 20-day moving average was 1% below its 100-day moving average, and CVX’s 20-day moving average was 2.8% below its 100-day moving average on March 4.

The United States Oil (USO) rose 4.3% on March 4. USO was trading 15% below its 100-day moving on the same day.

Wall Street’s consensus median estimates

Wall Street analysts’ consensus median estimates indicate an average rise of 6.4% for these integrated oil and gas companies over the next 12 months. YPF could rise 34% from its price on March 4 based on Wall Street analysts’ consensus median estimate.

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