One of today's stocks on the move is Alon USA Energy (NYSE:ALJ), up 2.1% to $13.41. The S&P is currently trading 0.2% lower to 2,106 and the Dow Jones Industrial Average is trading 0.3% lower to 18,089.
Alon USA Energy, Inc. refines and markets oil, operates pipelines, and operates convenience stores. The Company operates a sour crude oil refinery and pipeline, markets gasoline and diesel fuel to retailers, markets unbranded gasoline and diesel and jet fuels, supplies asphalt in West Texas, New Mexico and Arizona, and operates convenience stores in West Texas and New Mexico.
There is potential upside of 26.8% for shares of Alon USA Energy based on a current price of $13.41 and an average consensus analyst price target of $17.00. The stock should find resistance at its 200-day moving average (MA) of $14.04, as well as support at its 50-day MA of $12.30.
In the past 52 weeks, Alon USA Energy share prices have been bracketed by a low of $10.28 and a high of $17.58 and are now at $13.41, 30% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.5% while the 50-day MA has declined 0.2%.