BBD Crosses Below Key Moving Average Level

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In trading on Tuesday, shares of Banco Bradesco SA (Symbol: BBD) crossed below their 200 day moving average of $9.75, changing hands as low as $9.66 per share. Banco Bradesco SA shares are currently trading off about 2.5% on the day. The chart below shows the one year performance of BBD shares, versus its 200 day moving average: Banco Bradesco SA 200 Day Moving Average Chart

Looking at the chart above, BBD's low point in its 52 week range is $7.15 per share, with $11.86 as the 52 week high point - that compares with a last trade of $9.71.

According to the ETF Finder at ETF Channel, BBD makes up 6.87% of the iShares Latin America 40 ETF (Symbol: ILF) which is trading lower by about 1.9% on the day Tuesday.

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

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
Referenced Symbols: BBD , ILF

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