Emera Breaks Above 200-Day Moving Average - Bullish for EMA
In trading on Tuesday, shares of Emera Inc (TSX: EMA.TO) crossed above their 200 day moving average of $55.30, changing hands as high as $55.59 per share. Emera Inc shares are currently trading up about 1.6% on the day. The chart below shows the one year performance of EMA shares, versus its 200 day moving average:
Looking at the chart above, EMA's low point in its 52 week range is $24.75 per share, with $60.94 as the 52 week high point — that compares with a last trade of $55.49.
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