CBI Makes Notable Cross Below Critical Moving Average

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In trading on Thursday, shares of Chicago Bridge & Iron Co., N.V. (Symbol: CBI) crossed below their 200 day moving average of $77.45, changing hands as low as $76.52 per share. Chicago Bridge & Iron Co., N.V. shares are currently trading down about 5.2% on the day. The chart below shows the one year performance of CBI shares, versus its 200 day moving average: Chicago Bridge & Iron Co., N.V. 200 Day Moving Average Chart

Looking at the chart above, CBI's low point in its 52 week range is $56.04 per share, with $89.22 as the 52 week high point - that compares with a last trade of $76.39.

According to the ETF Finder at ETF Channel, CBI makes up 2.85% of the First Trust ISE Global Engineering and Construction Index Fund ETF (Symbol: FLM) which is trading relatively unchanged on the day Thursday.

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



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 , Investing Ideas

Referenced Stocks: CBI , FLM

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