15 Jan Coeur Mining Breaks Above 200-Day Moving Average – Bullish for CDE
In trading on Friday, shares of Coeur Mining Inc (Symbol: CDE) crossed above their 200 day moving average of $8.44, changing hands as high as $8.61 per share. Coeur Mining Inc shares are currently trading up about 2.8% on the day. The chart below shows the one year performance of CDE shares, versus its 200 day moving average:
Looking at the chart above, CDE’s low point in its 52 week range is $6.71 per share, with $12.30 as the 52 week high point – that compares with a last trade of $8.58. According to the ETF Finder at ETF Channel, CDE makes up 7.40% of the Silver Miners ETF (Symbol: SIL) which is trading higher by about 1.4% on the day Friday.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.