Markets

RLI Breaks Below 200-Day Moving Average - Notable for RLI

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Shutterstock photo

Shutterstock photo

In trading on Thursday, shares of RLI Corp. (Symbol: RLI) crossed below their 200 day moving average of $65.85, changing hands as low as $58.55 per share. RLI Corp. shares are currently trading down about 13.7% on the day. The chart below shows the one year performance of RLI shares, versus its 200 day moving average:

RLI Corp. 200 Day Moving Average Chart

Looking at the chart above, RLI's low point in its 52 week range is $56.67 per share, with $71.46 as the 52 week high point - that compares with a last trade of $58.79.

According to the ETF Finder at ETF Channel, RLI makes up 1.56% of the PowerShares S&P SmallCap Financials Portfolio ETF (Symbol: PSCF) which is trading relatively unchanged on the day Thursday.

Click here to find out which 9 other 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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