NEW YORK (Market Intellisearch) - Shares of ME Crossed below the critical 50-day moving average of $ 22.84. The location of a stock price "when Analyzed against the moving average Can Aid in predicting future short term momentum. Trading activity for shares of Mariner Energy That May indicate the shares of ME May head lower assuming That the moving average Continues Downward direction. The volume of shares exchanging hands is Greater Than average daily volume of 4,407,400 shares of.
Other relevant figures are Thurs Examine the support and resistance levels when for ME. Mariner Energy settled at $ 22.75 $ 0.60 (-2.57%), based on the pivot points, the current support and resistance levels when are 20.44 and 24.22 respectively. If the support point price is broken in an Downward Movement, then the bearish trend is likely Thurs continue and vice versa.
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