HomeMost PopularARC Resources Surges Past 200-Day Moving Average - Positive Outlook for ARX

ARC Resources Surges Past 200-Day Moving Average – Positive Outlook for ARX

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ARC Resources Shares Surge Above Key Moving Average

On Friday, trading activity for ARC Resources Ltd (TSX: ARX.TO) saw shares rise above the critical 200-day moving average of $23.79, peaking at $24.10 apiece. At present, the stock is up approximately 0.4% for the day. The chart below illustrates the one-year performance of ARX shares alongside its 200-day moving average:

ARC Resources Ltd 200 Day Moving Average Chart

The chart reveals that the 52-week low for ARC Resources is $19.02 per share, while its 52-week high stands at $26.45. The most recent trading price is $23.81.


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The views and opinions expressed herein are those of the author and do not necessarily reflect the official stance of Nasdaq, Inc.

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