QEP Makes Bullish Cross Above Critical Moving Average

In trading on Friday, shares of QEP Resources Inc ( QEP) crossed above their 200 day moving average of $29.38, changing hands as high as $29.41 per share. QEP Resources Inc shares are currently trading up about 0.6% on the day. The chart below shows the one year performance of QEP shares, versus its 200 day moving average:

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QEP Resources Inc 200 Day Moving Average Chart

Looking at the chart above, QEP's low point in its 52 week range is $25.99 per share, with $32.92 as the 52 week high point — that compares with a last trade of $29.26.
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According to the ETF Finder at ETF Channel, QEP makes up 3.79% of the First Trust ISE-Revere Natural Gas Index Fund ETF ( FCG) which is trading higher by about 0.8% on the day Friday.
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