CU Makes Bullish Cross Above Critical Moving Average

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In trading on Tuesday, shares of Canadian Utilities Ltd (TSX: CU.TO ) crossed above their 200 day moving average of $32.38, changing hands as high as $32.42 per share. Canadian Utilities Ltd shares are currently trading up about 1.5% on the day. The chart below shows the one year performance of CU shares, versus its 200 day moving average: Canadian Utilities Ltd 200 Day Moving Average Chart

Looking at the chart above, CU's low point in its 52 week range is $29.12 per share, with $39.08 as the 52 week high point - that compares with a last trade of $32.35.

Click here to find out which 9 other Canadian stocks recently crossed above 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 , Commodities

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