Raise Production Breaks Above 200-Day Moving Average - Bullish for RPC

In trading on Friday, shares of Raise Production Inc (TSXV: RPC.TO) crossed above their 200 day moving average of $1.23, changing hands as high as $1.24 per share. Raise Production Inc shares are currently trading up about 2.5% on the day. The chart below shows the one year performance of RPC shares, versus its 200 day moving average:

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Raise Production Inc 200 Day Moving Average Chart

Looking at the chart above, RPC's low point in its 52 week range is $0.46 per share, with $3.05 as the 52 week high point — that compares with a last trade of $1.23.

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