EPL Oil & Gas Breaks Above 200-Day Moving Average - Bullish for EPL

In trading on Wednesday, shares of EPL Oil & Gas Inc ( EPL) crossed above their 200 day moving average of $31.39, changing hands as high as $31.50 per share. EPL Oil & Gas Inc shares are currently trading up about 3.2% on the day. The chart below shows the one year performance of EPL shares, versus its 200 day moving average:

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EPL Oil & Gas Inc 200 Day Moving Average Chart

Looking at the chart above, EPL's low point in its 52 week range is $24.78 per share, with $42.64 as the 52 week high point — that compares with a last trade of $31.01.

According to the ETF Finder at ETF Channel, EPL makes up 1.48% of the SPDR S&P Oil & Gas Exploration & Production ETF ( XOP) which is trading lower by about 1.4% on the day Wednesday.

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