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ATI Crosses Below Key Moving Average Level

By: BNK Invest
Posted: 2/3/2014 4:57:00 PM
Referenced Stocks: ATI;XME

In trading on Monday, shares of Allegheny Technologies, Inc (Symbol: ATI) crossed below their 200 day moving average of $30.16, changing hands as low as $29.74 per share. Allegheny Technologies, Inc shares are currently trading down about 5% on the day. The chart below shows the one year performance of ATI shares, versus its 200 day moving average: Allegheny Technologies, Inc 200 Day Moving Average Chart

Looking at the chart above, ATI's low point in its 52 week range is $25.60 per share, with $36.70 as the 52 week high point - that compares with a last trade of $29.86.

According to the ETF Finder at ETF Channel, ATI makes up 2.98% of the SPDR S&P Metals and Mining ETF (Symbol: XME) which is trading lower by about 3.2% on the day Monday.

Click here to find out which 9 other metals stocks recently crossed below their 200 day moving average ยป