IDA Crosses Below Key Moving Average Level

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In trading on Thursday, shares of Idacorp Inc (Symbol: IDA) crossed below their 200 day moving average of $75.73, changing hands as low as $75.22 per share. Idacorp Inc shares are currently trading down about 0.8% on the day. The chart below shows the one year performance of IDA shares, versus its 200 day moving average: Idacorp Inc 200 Day Moving Average Chart

Looking at the chart above, IDA's low point in its 52 week range is $65.03 per share, with $83.40 as the 52 week high point - that compares with a last trade of $75.78.

According to the ETF Finder at ETF Channel, IDA makes up 2.05% of the PowerShares DWA Utilities Momentum Portfolio ETF (Symbol: PUI) which is trading lower by about 1% on the day Thursday.

Click here to find out which 9 other energy 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.

This article appears in: Investing , Commodities
Referenced Symbols: IDA , PUI

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