Westpac Banking (WBK) Shares Cross Below 200 DMA

By MarketNewsVideo.com,

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In trading on Friday, shares of Westpac Banking Corp (Symbol: WBK) crossed below their 200 day moving average of $30.86, changing hands as low as $30.70 per share. Westpac Banking Corp shares are currently trading off about 0.8% on the day. The chart below shows the one year performance of WBK shares, versus its 200 day moving average: Westpac Banking Corp 200 Day Moving Average Chart

Looking at the chart above, WBK's low point in its 52 week range is $26.25 per share, with $33.42 as the 52 week high point - that compares with a last trade of $30.84.

According to the ETF Finder at ETF Channel, WBK makes up 6.75% of the BLDRS Asia 50 ADR Index Fund ETF (Symbol: ADRA) which is trading relatively unchanged 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 Nasdaq, Inc.

This article appears in: Investing Investing Ideas
Referenced Stocks: WBK , ADRA

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