CNE Makes Bullish Cross Above Critical Moving Average

In trading on Friday, shares of Canacol Energy Ltd (TSX: CNE.TO) crossed above their 200 day moving average of $6.84, changing hands as high as $6.85 per share. Canacol Energy Ltd shares are currently trading up about 1.9% on the day. The chart below shows the one year performance of CNE shares, versus its 200 day moving average:

Click here to find out which 9 other Canadian stocks recently crossed above their 200 day moving average »

Canacol Energy Ltd 200 Day Moving Average Chart

Looking at the chart above, CNE's low point in its 52 week range is $3.75 per share, with $8.77 as the 52 week high point — that compares with a last trade of $6.81.

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Notable Two Hundred Day Moving Average Cross - CDZI