TCW Makes Notable Cross Below Critical Moving Average

Shutterstock photo

In trading on Monday, shares of Trican Well Service Ltd (TSX: TCW.TO ) crossed below their 200 day moving average of $4.05, changing hands as low as $4.02 per share. Trican Well Service Ltd shares are currently trading down about 3.1% on the day. The chart below shows the one year performance of TCW shares, versus its 200 day moving average: Trican Well Service Ltd 200 Day Moving Average Chart

Looking at the chart above, TCW’s low point in its 52 week range is $3.11 per share, with $5.59 as the 52 week high point – that compares with a last trade of $4.05.

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

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

No Comments

Post A Comment