Bullish Two Hundred Day Moving Average Cross - TA
In trading on Wednesday, shares of TransAlta Corp (TSX: TA.TO) crossed above their 200 day moving average of $8.53, changing hands as high as $8.54 per share. TransAlta Corp shares are currently trading up about 0.8% on the day. The chart below shows the one year performance of TA shares, versus its 200 day moving average:
Looking at the chart above, TA's low point in its 52 week range is $5.32 per share, with $11.23 as the 52 week high point — that compares with a last trade of $8.49.
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