ABX Makes Notable Cross Below Critical Moving Average

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In trading on Wednesday, shares of Barrick Gold Corp. (Symbol: ABX) crossed below their 200 day moving average of $18.18, changing hands as low as $17.88 per share. Barrick Gold Corp. shares are currently trading off about 3.2% on the day. The chart below shows the one year performance of ABX shares, versus its 200 day moving average: Barrick Gold Corp. 200 Day Moving Average Chart

Looking at the chart above, ABX's low point in its 52 week range is $13.43 per share, with $29.48 as the 52 week high point - that compares with a last trade of $17.89.

According to the ETF Finder at ETF Channel, ABX makes up 13.32% of the Gold Miners ETF (Symbol: GDX) which is trading lower by about 3.7% on the day Wednesday.

Click here to find out which 9 other metals 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 The NASDAQ OMX Group, Inc.




This article appears in: Investing , Commodities

Referenced Stocks: ABX , GDX

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