TKR Crosses Below Key Moving Average Level


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In trading on Thursday, shares of Timken Co. (Symbol: TKR) crossed below their 200 day moving average of $57.22, changing hands as low as $57.18 per share. Timken Co. shares are currently trading up about 0.8% on the day. The chart below shows the one year performance of TKR shares, versus its 200 day moving average: Timken Co. 200 Day Moving Average Chart

Looking at the chart above, TKR's low point in its 52 week range is $50.22 per share, with $64.35 as the 52 week high point - that compares with a last trade of $57.90.

According to the ETF Finder at ETF Channel, TKR makes up 5.16% of the Steel ETF (Symbol: SLX) which is trading higher by about 1.1% 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: TKR , SLX

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