GSK Crosses Below Key Moving Average Level

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In trading on Tuesday, shares of GlaxoSmithKline plc (Symbol: GSK) crossed below their 200 day moving average of $53.34, changing hands as low as $53.20 per share. GlaxoSmithKline plc shares are currently trading down about 0.6% on the day. The chart below shows the one year performance of GSK shares, versus its 200 day moving average: GlaxoSmithKline plc 200 Day Moving Average Chart

Looking at the chart above, GSK's low point in its 52 week range is $49.01 per share, with $56.73 as the 52 week high point - that compares with a last trade of $53.25.

According to the ETF Finder at ETF Channel, GSK makes up 4.75% of the Pharmaceutical ETF (Symbol: PPH) which is trading lower by about 0.5% on the day Tuesday.

Click here to find out which 9 other 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 , Investing Ideas

Referenced Stocks: GSK , PPH

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