Notable Two Hundred Day Moving Average Cross - STLD

In trading on Thursday, shares of Steel Dynamics Inc. (Symbol: STLD) crossed below their 200 day moving average of $73.30, changing hands as low as $72.56 per share. Steel Dynamics Inc. shares are currently trading off about 2.1% on the day. The chart below shows the one year performance of STLD shares, versus its 200 day moving average:

Steel Dynamics Inc. 200 Day Moving Average Chart

Looking at the chart above, STLD's low point in its 52 week range is $50.54 per share, with $100.37 as the 52 week high point — that compares with a last trade of $72.56.

Click here to find out which 9 other metals 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.

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