Markets

ARII Makes Bullish Cross Above Critical Moving Average

In trading on Thursday, shares of American Railcar Industries Inc (Symbol: ARII) crossed above their 200 day moving average of $48.57, changing hands as high as $48.99 per share. American Railcar Industries Inc shares are currently trading up about 19.4% on the day. The chart below shows the one year performance of ARII shares, versus its 200 day moving average:

American Railcar Industries Inc 200 Day Moving Average Chart

Looking at the chart above, ARII's low point in its 52 week range is $33.02 per share, with $73.69 as the 52 week high point - that compares with a last trade of $48.83.

According to the ETF Finder at ETF Channel, ARII makes up 3.16% of the First Trust RBA American Industrial Renaissance ETF (Symbol: AIRR) which is trading up by about 3.5% on the day Thursday.

Click here to find out which 9 other dividend 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.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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