Rosetta Resources Breaks Above 200-Day Moving Average - Bullish for ROSE

In trading on Thursday, shares of Rosetta Resources, Inc. ( ROSE) crossed above their 200 day moving average of $48.82, changing hands as high as $49.36 per share. Rosetta Resources, Inc. shares are currently trading up about 2.2% on the day. The chart below shows the one year performance of ROSE shares, versus its 200 day moving average:

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Rosetta Resources, Inc. 200 Day Moving Average Chart

Looking at the chart above, ROSE's low point in its 52 week range is $40.83 per share, with $65.30 as the 52 week high point — that compares with a last trade of $48.94.

According to the ETF Finder at ETF Channel, ROSE makes up 1.23% of the SPDR S&P Oil & Gas Exploration & Production ETF ( XOP) which is trading lower by about 0.7% on the day Thursday.

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