SID Crosses Above Key Moving Average Level
In trading on Thursday, shares of Companhia Siderurgica Nacional (Symbol: SID) crossed above their 200 day moving average of $4.44, changing hands as high as $4.48 per share. Companhia Siderurgica Nacional shares are currently trading up about 5.7% on the day. The chart below shows the one year performance of SID shares, versus its 200 day moving average:
Looking at the chart above, SID's low point in its 52 week range is $2.38 per share, with $6.29 as the 52 week high point - that compares with a last trade of $4.43.
According to the ETF Finder at ETF Channel, SID makes up 4.72% of the Brazil Mid Cap ETF (Symbol: BRAZ) which is trading higher by about 4.2% on the day Thursday.