SQM Makes Bullish Cross Above Critical Moving Average

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In trading on Monday, shares of Sociedad Quimica y Minera de Chile S.A. (Symbol: SQM) crossed above their 200 day moving average of $28.43, changing hands as high as $28.54 per share. Sociedad Quimica y Minera de Chile S.A. shares are currently trading up about 2.8% on the day. The chart below shows the one year performance of SQM shares, versus its 200 day moving average: Sociedad Quimica y Minera de Chile S.A. 200 Day Moving Average Chart

Looking at the chart above, SQM's low point in its 52 week range is $22.50 per share, with $36.25 as the 52 week high point - that compares with a last trade of $28.53.

According to the ETF Finder at ETF Channel, SQM makes up 7.26% of the Lithium ETF (Symbol: LIT) which is trading higher by about 0.4% on the day Monday.

Click here to find out which 9 other 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 The NASDAQ OMX Group, Inc.



This article appears in: Investing , Investing Ideas

Referenced Stocks: SQM , LIT

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