Rexnord Breaks Below 200-Day Moving Average - Notable for RXN


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In trading on Thursday, shares of Rexnord Corp (Symbol: RXN) crossed below their 200 day moving average of $26.95, changing hands as low as $26.88 per share. Rexnord Corp shares are currently trading off about 3.5% on the day. The chart below shows the one year performance of RXN shares, versus its 200 day moving average: Rexnord Corp 200 Day Moving Average Chart

Looking at the chart above, RXN's low point in its 52 week range is $18.04 per share, with $30.939 as the 52 week high point - that compares with a last trade of $26.91.

According to the ETF Finder at ETF Channel, RXN makes up 4.02% of the First Trust ISE Water Index Fund ETF (Symbol: FIW) which is trading lower by about 2.3% on the day Thursday.

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 Nasdaq, Inc.

This article appears in: Investing Investing Ideas
Referenced Stocks: RXN , FIW

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