SCCO Makes Bullish Cross Above Critical Moving Average

Comment

Shutterstock photo

In trading on Thursday, shares of Southern Copper Corp (Symbol: SCCO) crossed above their 200 day moving average of $26.24, changing hands as high as $26.80 per share. Southern Copper Corp shares are currently trading up about 0.8% on the day. The chart below shows the one year performance of SCCO shares, versus its 200 day moving average: Southern Copper Corp 200 Day Moving Average Chart

Looking at the chart above, SCCO's low point in its 52 week range is $21.55 per share, with $31.31 as the 52 week high point - that compares with a last trade of $26.40.

According to the ETF Finder at ETF Channel, SCCO makes up 8.44% of the iShares MSCI All Peru Capped ETF (Symbol: EPU) which is trading higher by about 1.1% on the day Thursday.

Click here to find out which 9 other metals stocks recently crossed above 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: SCCO , EPU


More from BNK Invest

Subscribe






BNK Invest
Contributor:

BNK Invest

Market News, Investing
Follow on:

Find a Credit Card

Select a credit card product by:
Select an offer:
Search
Data Provided by BankRate.com