HDFC Bank (HDB) Shares Cross Below 200 DMA

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In trading on Friday, shares of HDFC Bank Ltd (Symbol: HDB) crossed below their 200 day moving average of $97.77, changing hands as low as $97.41 per share. HDFC Bank Ltd shares are currently trading down about 0.3% on the day. The chart below shows the one year performance of HDB shares, versus its 200 day moving average: HDFC Bank Ltd 200 Day Moving Average Chart

Looking at the chart above, HDB's low point in its 52 week range is $83.50 per share, with $110.77 as the 52 week high point - that compares with a last trade of $97.78.

According to the ETF Finder at ETF Channel, HDB makes up 6.80% of the First Trust Chindia ETF (Symbol: FNI) which is trading lower by about 0.7% on the day Friday.

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: HDB , FNI

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