Whiting Petroleum’s moving averages
Whiting Petroleum (WLL) stock has mostly risen since the beginning of 2016, before it started turning lower in June. However, WLL stock is currently showing an uptrend.
Whiting Petroleum is currently trading above its 50-day moving average (or DMA). On December 19, 2016, WLL stock was trading ~24.5% above its 50 DMA.
Whiting Petroleum is currently trading above its 200 DMA and has traded above the 200 DMA for longer durations than in the past.
On December 19, 2016, WLL stock was trading ~30% above its 200 DMA. Also, its 50 DMA recently crossed over the 200 DMA, which can be seen as a bullish sign.
Together, these companies make up 8.5% of the SPDR S&P Oil & Gas Exploration & Production ETF (XOP).