MTL Crosses Below Key Moving Average Level

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In trading on Friday, shares of Mullen Group Ltd. (TSX: MTL.TO ) crossed below their 200 day moving average of $28.33, changing hands as low as $27.94 per share. Mullen Group Ltd. shares are currently trading down about 3.6% on the day. The chart below shows the one year performance of MTL shares, versus its 200 day moving average: Mullen Group Ltd. 200 Day Moving Average Chart

Looking at the chart above, MTL's low point in its 52 week range is $22.93 per share, with $31.34 as the 52 week high point - that compares with a last trade of $28.00.

Click here to find out which 9 other Canadian 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

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