Seaspan Breaks Below 200-Day Moving Average - Notable for SSW

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In trading on Tuesday, shares of Seaspan Corp (Symbol: SSW) crossed below their 200 day moving average of $22.44, changing hands as low as $22.14 per share. Seaspan Corp shares are currently trading off about 5.6% on the day. The chart below shows the one year performance of SSW shares, versus its 200 day moving average: Seaspan Corp 200 Day Moving Average Chart

Looking at the chart above, SSW's low point in its 52 week range is $19.45 per share, with $25.10 as the 52 week high point - that compares with a last trade of $22.50.

According to the ETF Finder at ETF Channel, SSW makes up 2.87% of the Guggenheim Shipping ETF (Symbol: SEA) which is trading lower by about 0.2% on the day Tuesday.

Click here to find out which 9 other dividend 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 , Options

Referenced Stocks: SSW , SEA

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