JinkoSolar Holding Crosses Below Key Moving Average Level

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In trading on Tuesday, shares of JinkoSolar Holding Co., Ltd. (Symbol: JKS) crossed below their 200 day moving average of $28.26, changing hands as low as $27.18 per share. JinkoSolar Holding Co., Ltd. shares are currently trading down about 7.1% on the day. The chart below shows the one year performance of JKS shares, versus its 200 day moving average: JinkoSolar Holding Co., Ltd. 200 Day Moving Average Chart

Looking at the chart above, JKS's low point in its 52 week range is $9.60 per share, with $37.98 as the 52 week high point - that compares with a last trade of $27.39.

According to the ETF Finder at ETF Channel, JKS makes up 3.67% of the Guggenheim Solar ETF (Symbol: TAN) which is trading lower by about 4.4% 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: JKS , TAN

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As of 9/3/2015, 04:15 PM

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