Tamarack Valley Energy Shares Cross Above 200 DMA

In trading on Wednesday, shares of Tamarack Valley Energy Ltd. (TVE.TO"> TVE.TO) crossed above their 200 day moving average of $2.37, changing hands as high as $2.45 per share. Tamarack Valley Energy Ltd. shares are currently trading up about 8.1% on the day. The chart below shows the one year performance of TVE shares, versus its 200 day moving average:

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Tamarack Valley Energy Ltd. 200 Day Moving Average Chart

Looking at the chart above, TVE's low point in its 52 week range is $1.74 per share, with $3.25 as the 52 week high point — that compares with a last trade of $2.40.