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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 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: HDB , FNI


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