PDCE Makes Notable Cross Below Critical Moving Average

In trading on Monday, shares of PDC Energy Inc ( PDCE) crossed below their 200 day moving average of $59.67, changing hands as low as $59.27 per share. PDC Energy Inc shares are currently trading off about 1% on the day. The chart below shows the one year performance of PDCE shares, versus its 200 day moving average:

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PDC Energy Inc 200 Day Moving Average Chart

Looking at the chart above, PDCE's low point in its 52 week range is $44.72 per share, with $73.93 as the 52 week high point — that compares with a last trade of $59.66.

According to the ETF Finder at ETF Channel, PDCE makes up 2.84% of the PowerShares DWA Energy Momentum Portfolio ETF ( PXI) which is trading lower by about 0.7% on the day Monday.

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