SEE Makes Notable Cross Below Critical Moving Average

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In trading on Friday, shares of Sealed Air Corp. (Symbol: SEE) crossed below their 200 day moving average of $30.42, changing hands as low as $30.29 per share. Sealed Air Corp. shares are currently trading off about 2.5% on the day. The chart below shows the one year performance of SEE shares, versus its 200 day moving average: Sealed Air Corp. 200 Day Moving Average Chart

Looking at the chart above, SEE's low point in its 52 week range is $20.98 per share, with $34.85 as the 52 week high point - that compares with a last trade of $30.42.

According to the ETF Finder at ETF Channel, SEE makes up 3.14% of the Guggenheim S&P 500 Equal Weight Materials ETF (Symbol: RTM) which is trading lower by about 2.3% on the day Friday.

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 The NASDAQ OMX Group, Inc.




This article appears in: Investing , Investing Ideas

Referenced Stocks: SEE , RTM

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