BBD Makes Notable Cross Below Critical Moving Average

Shutterstock photo

In trading on Thursday, shares of Banco Bradesco SA (Symbol: BBD) crossed below their 200 day moving average of $9.80, changing hands as low as $9.62 per share. Banco Bradesco SA shares are currently trading down about 3.5% 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 $9.81.

According to the ETF Finder at ETF Channel, BBD makes up 7.24% of the iShares Latin America 40 ETF (Symbol: ILF) which is trading lower by about 1.7% on the day Thursday.

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
Referenced Symbols: BBD , ILF

More from BNK Invest


BNK Invest

BNK Invest

Market News, Investing

Research Brokers before you trade

Want to trade FX?