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Tenaris (TS) Shares Cross Above 200 DMA

Posted
3/31/2014 4:19:00 PM
By: BNK Invest
Referenced Stocks:TS;SLX

In trading on Monday, shares of Tenaris SA (Symbol: TS) crossed above their 200 day moving average of $44.46, changing hands as high as $44.51 per share. Tenaris SA shares are currently trading up about 1% on the day. The chart below shows the one year performance of TS shares, versus its 200 day moving average: Tenaris SA 200 Day Moving Average Chart

Looking at the chart above, TS's low point in its 52 week range is $38.47 per share, with $49.87 as the 52 week high point - that compares with a last trade of $44.24.

According to the ETF Finder at ETF Channel, TS makes up 6.23% of the Steel ETF (Symbol: SLX) which is trading up by about 1.5% on the day Monday.

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