FNV Makes Notable Cross Below Critical Moving Average

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In trading on Monday, shares of Franco-Nevada Corp (Symbol: FNV) crossed below their 200 day moving average of $76.20, changing hands as low as $75.62 per share. Franco-Nevada Corp shares are currently trading off about 1.8% on the day. The chart below shows the one year performance of FNV shares, versus its 200 day moving average: Franco-Nevada Corp 200 Day Moving Average Chart

Looking at the chart above, FNV’s low point in its 52 week range is $60.10 per share, with $86.06 as the 52 week high point – that compares with a last trade of $76.60. According to the ETF Finder at ETF Channel, FNV makes up 6.82% of the PowerShares Global Gold and Precious Metals Portfolio ETF (Symbol: PSAU) which is trading higher by about 0.2% on the day Monday.

Click here to find out which 9 other metals stocks recently crossed below their 200 day moving average »

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