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PKX Crosses Below Key Moving Average Level

In trading on Thursday, shares of POSCO (Symbol: PKX) crossed below their 200 day moving average of $73.76, changing hands as low as $72.82 per share. POSCO shares are currently trading off about 1.9% on the day. The chart below shows the one year performance of PKX shares, versus its 200 day moving average:

POSCO 200 Day Moving Average Chart

Looking at the chart above, PKX's low point in its 52 week range is $63.71 per share, with $86.99 as the 52 week high point - that compares with a last trade of $73.62.

According to the ETF Finder at ETF Channel, PKX makes up 6.90% of the Steel ETF (Symbol: SLX) which is trading higher by about 1.1% on the day Thursday.

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.


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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