NRG Makes Notable Cross Below Critical Moving Average

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In trading on Wednesday, shares of NRG Energy Inc (Symbol: NRG) crossed below their 200 day moving average of $30.80, changing hands as low as $30.70 per share. NRG Energy Inc shares are currently trading off about 0.6% on the day. The chart below shows the one year performance of NRG shares, versus its 200 day moving average: NRG Energy Inc 200 Day Moving Average Chart

Looking at the chart above, NRG's low point in its 52 week range is $25.24 per share, with $38.09 as the 52 week high point - that compares with a last trade of $30.81.

According to the ETF Finder at ETF Channel, NRG makes up 2.52% of the PowerShares DWA Utilities Momentum Portfolio ETF (Symbol: PUI) which is trading lower by about 1.3% on the day Wednesday.

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 The NASDAQ OMX Group, Inc.




This article appears in: Investing , Commodities

Referenced Stocks: NRG , PUI

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